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After-hours movers: Dell Technologies, Gap, MongoDB, Zscaler and more

May 30, 2024 4:41 PM

After-Hours Stock Movers:

Dell Technologies (NYSE: DELL) fell 8% after the company's first quarter results failed to impress investors. Management said AI-optimized server orders increasing sequentially to $2.6 billion, but backlog only grew to $3.8 billion.

MongoDB (NASDAQ: MDB) fell 24% after it issued full year guidance that was well below consensus estimates.

Marvell Technology (NASDAQ: MRVL) slipped 1.8% after reporting in-line results and guidance.

Zscaler (NASDAQ: ZS) rose 13% after publishing strong quarterly results and lifting guidance. The cloud security company said strength was driven by growing customer interest in its Zero Trust Exchange platform.

Nordstrom (NYSE: JWN) fell 7% after reporting lackluster operating profit in the first quarter.

Gap, Inc. (NYSE: GPS) rose 20% after the retailer beat analysts' estimates for first quarter performance and raised full year guidance. It now sees full year net sales up slightly and much better operating income.

SentinelOne, Inc. (NYSE: S) fell 8% after lowering full year revenue guidance.


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