Stock Market

In this article

Pedestrians wearing protective masks pass in front of a banner displaying Asana Inc. signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, September 30, 2020.
Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines after hours.

Asana – Shares of the work management platform operator plunged about 12% in extended trading after the company reported a loss for the most recent quarter on a non-GAAP basis, though it was narrower than expected. The company also issued weaker-than-expected guidance for fourth-quarter revenue.

Zscaler – The cloud security company saw its shares dip 9% following its quarterly earnings report, despite posting strong results. Earnings and revenue were stronger than analysts’ expectations. The company also forecast better-than-expected earnings and revenue for its fiscal second quarter and full year.

Marvell Technology – The semiconductor stock fell 6.9% after the company reported weaker-than-anticipated earnings and revenue for the most recent quarter. Its outlook for revenue for the fourth quarter also came in lower than analysts expected.

PagerDuty – Shares of the IT company rose more than 4% after it reported a slight profit for the third quarter, beating analysts’ expectations of a loss. Its revenue came in better than expected.

Articles You May Like

Home sales surged in October, just before mortgage rates jumped
North Korea ‘supplying Russia’ with long-range rocket and artillery systems
Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
Dental supply stock rallies on theory RFK’s anti-fluoride stance will prompt more dentist visits
European troops in Ukraine would secure Trump peace deal, says Estonia