Stocks generating the largest moves right after hrs: GitLab, Herbalife and extra

Stocks generating the largest moves right after hrs: GitLab, Herbalife and extra


In this report

  • HLF
  • GTLB
  • SUMO
Persons celebrate the Gitlab IPO at the Nasdaq, Oct 14, 2021.
Supply: Nasdaq

Look at out the firms making headlines in article-current market trading.

GitLab – The growth computer software operator jumped 23% soon after it posted a narrower per-share decline than anticipated while also coming in over anticipations for income, according to FactSet. GitLab also gave a powerful outlook for the upcoming quarter and full 12 months.

Herbalife Nourishment – The multi-level promoting business dropped 11% after it announced a proposed giving of $250 million in convertible senior notes, which will mature in 2028.

Sumo Logic – Shares of the equipment knowledge analytics corporation added 11% soon after reporting a scaled-down for each-share decline and bigger income than predicted by analysts polled by FactSet. The organization also positively revised its envisioned complete-yr earnings per share and profits.



Resource

Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE
Finance

Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE

Key Points Once Upon a Farm, the baby food company co-founded by actor Jennifer Garner, filed for IPO under the ticker “OFRM” on the NYSE. Goldman Sachs and J.P. Morgan are acting as joint lead underwriters. The Berkeley-based company increased its six-month revenue as of Jun. 30 by 66% according to its IPO filing. Source

Read More
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Finance

Wealthfront files for IPO, joining wave of fintech firms going public in 2025

Key Points Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday. It’s the latest in a wave of fintech firms going public this year after the likes of Chime and Klarna. Source

Read More
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Finance

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]

Read More