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

Binance Charity to provide over 30K Web3 scholarships in 2023
Mega-mergers stand out amid a 2022 dip in hospital consolidation
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
Fed’s Brainard is a front-runner to head Biden’s economic council
How to Find Unusual Options Activity in ThinkorSwim (Sizzle Index)