Time: 2024-05-31
Check out the latest pre-market movers as Dell Technologies sees a sharp decline in stock value due to margin pressure forecasts. The personal computer and technology company reported strong earnings but anticipated a significant drop in gross margin for 2025, causing a 16% slide in stock value. Meanwhile, MongoDB Inc. experiences a 23% dip in shares after disappointing second-quarter guidance, projecting lower revenue and earnings than expected by analysts. On the other hand, Ulta Beauty sees a positive 9% increase in stock value thanks to planned sales improvement strategies outlined by its CEO.
Business
