After-hours movers: Dell Technologies, Lululemon, MongoDB, Ulta Beauty

    investing.com 29/08/2024 - 20:34 PM

    After-Hours Stock Movers:

    Dell Technologies (NYSE:DELL)

    Dell Technologies rose 7% after quarterly EPS and revenue topped consensus. Management said momentum for its Infrastructure Solutions Group was a significant tailwind.

    lululemon athletica (NASDAQ:LULU)

    Lululemon athletica fell 4% after it lowered full year revenue guidance. It now expects net revenue to be in the range of $10.375 billion to $10.475 billion, representing growth of 8% to 9%.

    Marvell Technology (NASDAQ:MRVL)

    Marvell Technology rose 5% after reporting solid second quarter results and strong guidance for the third quarter. Its second quarter revenue grew 10% sequentially, above the mid-point of guidance driven by strong demand from AI.

    MongoDB (NASDAQ:MDB)

    MongoDB rose 15% after it published strong second quarter results, along with better than expected guidance. Management highlighted strong new workload acquisition and better-than-expected Atlas consumption trends.

    Ulta Beauty (NASDAQ:ULTA)

    Ulta Beauty fell 7.5% after second quarter comparable sales decreased 1.2%. Management said it was encouraged by many positive indicators across its business, but second quarter performance did not meet expectations.

    Elastic N.V. (NYSE:ESTC)

    Elastic N.V. fell 23% after it lowered full year revenue guidance.




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