Time: 2024-08-30
In after - hours trading , Ulta Beauty proverb its share fall nearly 7 % after miss top and bottom line expectation in the second one-fourth . The beauty merchandise retailer report net_income of .30 per share , lower_berth than the expect .46 per share , with gross fall short at .55 billion compare to the prognosis of .61 billion . The company also pare its full_moon - year mentality . On the other hand , MongoDB 's share rose nearly 13 % as the database company publish strong fiscal one-third - one-fourth guidance with adjust net_income of 65 to 68 cent per share on gross of 93 million to 97 million , excel analyst ' expectations.
share of Dell Technologies jump 3.6 % after the technical_school company exceed quarterly expectation with adjust net_income of .89 per share and gross of 5.03 billion , beating analyst ' prognosis . Marvell Technology , a semiconductor company , also proverb a nearly 9 % addition in its share after issue fiscal one-third - one-fourth guidance that exceed expectation . Marvell expect adjust net_income of 40 cent per share on gross of .45 billion , higher than analyst ' projection . Additionally , Lululemon Athletica add 6 % as the athletic apparel retailer post better - than - expect net_income in the second quarter.
stock future rose on Friday morning as investor expect the PCE monetary_value index release , a key index for the Federal Reserve 's monetary policy decision . Lululemon Athletica and MongoDB were among the large stock gainer , with Lululemon 's share rise approximately 5 % after deliver better - than - expect Q2 net_income but rewriting its gross guidance downward for FY2025 . MongoDB billow over 14 % following a strong Q2 net_income report and supply a positive mentality for Q3 and FY2025 . Dell Technologies also increase by 3 % after excel expectation in its Q2 consequence drive by the strong performance of its Infrastructure Solutions Group . Marvell Technology soar More than 7 % after poster FQ2 consequence and guidance that exceed consensus estimates.
Overall , while some company like Ulta Beauty confront challenge in meeting expectation , others like MongoDB , Dell Technologies , and Marvell Technology perform exceptionally well , lead to positive stock motion in the market . investor continue to proctor the performance of these company and the wide market tendency for potential investing opportunities.
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