Stay informed about the market’s extended trading hours!
This update highlights companies that have experienced significant fluctuations in stock prices after the normal market close.
Major after-hours movers include
- Ulta Beauty (ULTA): Shares of the cosmetics giant fell nearly 7% after the company reported disappointing revenue figures. Analysts suggest weaker-than-expected sales of skincare and makeup products may be contributing factors.
Beyond the drop
As Ulta Beauty stumbles, some companies are seeing positive movement after hours:
- Dell Technologies (DELL): Dell’s stock price rose more than 4% on positive investor sentiment following a recent analyst upgrade.
- Lululemon Athletica (LULU): Despite missing sales estimates, Lululemon’s stock price has seen a slight increase. This could be due to the anticipation surrounding the company’s upcoming product launches.
- MongoDB (MDB): MongoDB shares jumped nearly 6% after the cloud database company reported strong quarterly results.
Market Volatility
After-hours trading can be more volatile due to lower trading volume than regular market hours. However, it can also provide timely insights into investor reaction to news and corporate events.
Stay tuned for more market updates!
