After-hours movers: Marvell sinks, DocuSign and Gap rise
After-Hours Stock Movers:
Marvell Technology (NASDAQ: MRVL) declined 12% after the chipmaker issued first quarter guidance that fell far short of consensus estimates.
Gap, Inc. (NYSE: GPS) climbed 9% after the retailer published results that topped consensus EPS and revenue in the fourth quarter.
Broadcom (NASDAQ: AVGO) declined 3.7% after quarterly figures failed to impress Wall Street.
DocuSign Inc. (NASDAQ: DOCU) gained 14% after the electronic signature company issued quarterly results and guidance beat estimates.
MongoDB (NASDAQ: MDB) declined 11% after it posted full year guidance that was well below consensus.
BigBear.ai (NYSE: BBAI) declined 19% after it reported a larger than expected loss per share in the fourth quarter.
Porch Group (NASDAQ: PRCH) rose 20% after it issued revenue guidance for the full year that was far ahead of projections.
Costco (NASDAQ: COST) declined 4% despite beating EPS estimates, as revenue trailed analysts' forecast.
by Louis Juricic