Customers outside a Game Stop store. Guido Krzikowski | Bloomberg | Getty Images Shares of GameStop fell more than 15% in extended trading Tuesday after the company reported second quarter earnings and sales that missed analysts’ expectations while significantly lowering its same-store sales forecast. The company has been struggling to grow sales as consumers increasingly
Earnings
Lululemon is doing some heavy lifting after reporting earnings. The yoga apparel stock was up more than 7% after the bell Thursday following a profit and revenue beat in its recent quarter. Shares have surged more than 50% this year, one of the top performers on the Nasdaq 100. Miller Tabak equity strategist Matt Maley says
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon on Thursday reported second quarter earnings that topped analysts’ expectations, sending the athletic apparel retailer’s shares up as much as 5% in after-hours trading. The company also hiked its full-year outlook. CEO Calvin McDonald said in a statement he sees “significant runway”
DocuSign CEO Dan Springer. Source: DocuSign Shares of enterprise cloud company DocuSign shot up about 19% Friday morning after the company reported better-than-expected revenue and strong guidance. The rally added about $1.5 billion to the company’s market cap, bringing it to $9.6 billion. For its second quarter of 2020, DocuSign reported $236 million in revenue,
Three of Wall Street’s top-performing IPO stocks in 2019 tumbled late on Thursday after the companies’ quarterly results failed to satisfy investors and justify their high valuations. Zoom Video Communications dropped 2% in extended trade, even after the videoconferencing provider’s quarterly results and full-year outlook beat analysts’ expectations. Cybersecurity company Crowdstrike tumbled 8.7% after it