BUSINESS

Stock Surprises: Who's Up, Who's Down Before the Bell?

Sat Dec 07 2024
Some big names in business are making waves before the stock market opens. Lululemon's shares jumped by 9% after they did better than expected in the last quarter and gave an okay outlook for the holidays. Samsara, a software company, saw its stock drop by 9% because their future plans weren't as exciting as hoped. They expect to make between 7 to 8 cents per share and bring in $334 to $336 million in the next quarter, which isn't too far off from what experts thought. DocuSign, the e-signature company, saw a small boost as they expect to make around $758 to $762 million in the next quarter, which is a bit more than what people guessed. Ulta Beauty's stock rose by 12% after they did better than expected in the last quarter. They made $5. 14 per share and brought in $2. 53 billion, which was more than what experts thought. They also raised their plans for the whole year. GitLab, a software company, saw a big jump in their stock after they did better than expected in the last quarter and named a new CEO. Rubrik, a data security firm, saw their stock surge by 24% after they didn't lose as much money as expected in the last quarter and brought in more money than thought. UiPath, another software company, saw their stock drop by 4% after their future plans weren't as impressive as expected. Asana, a work management software company, saw their stock jump by 26% after they didn't lose as much money as expected in the last quarter. Petco Health & Wellness, a pet retailer, saw their stock rise by 8% after they didn't lose as much money as expected and brought in more money than thought. Victoria's Secret saw their stock go up by 3% after they did better than expected in the last quarter and raised their plans for the whole year. AMC Entertainment, a movie theater chain, saw their stock drop by 8% after they decided to sell up to 50 million shares. This came after a popular meme stock personality talked about the company and GameStop, which sent their stock prices up in the previous session.