Stock Market

In this article

People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021.
Source: Nasdaq

Check out the companies making headlines in post-market trading.

GitLab – The development software operator jumped 23% after it posted a narrower per-share loss than expected while also coming in above expectations for revenue, according to FactSet. GitLab also gave a strong outlook for the next quarter and full year.

Herbalife Nutrition – The multi-level marketing company dropped 11% after it announced a proposed offering of $250 million in convertible senior notes, which will mature in 2028.

Sumo Logic – Shares of the machine data analytics company added 11% after reporting a smaller per-share loss and greater revenue than anticipated by analysts polled by FactSet. The company also positively revised its expected full-year earnings per share and revenue.

Articles You May Like

Mutual fund inflows top $1.2B, half into HY
California’s Santa Barbara borrows for police station and park
Dental supply stock rallies on theory RFK’s anti-fluoride stance will prompt more dentist visits
Muni buyers focus on primary, traders ignore more UST losses
Home sales surged in October, just before mortgage rates jumped