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After-hours movers: Marvell sinks, DocuSign and Gap rise

March 7, 2024 4:49 PM

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

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