Salesforce stock buoyed by outlook, Chewy shares slump and other stocks on the move.

Salesforce Inc. shares CRM, +1.45% rallied more than 5% following the Dow Jones Industrial Average DJIA component’s strong outlook and improved margins two weeks ahead of the customer-relations management software giant’s annual confab Dreamforce in San Francisco.

Shares of Okta Inc. OKTA, +2.38% surged 11% after the identity-management software company hiked its annual earnings outlook by about a third after feared weak business conditions did not develop. Shares of Pure Storage Inc. PSTG, +0.44% rose 3% after the company reported earnings that topped analyst estimates on the top and bottom line. Pure Storage also offered third-quarter revenue guidance that exceeded analyst forecasts.

UBS shares UBS, +0.60% rose 5%, as the Swiss bank reported a $29 billion profit and said inflows to wealth management have been positive this quarter.Shares of Five Below Inc. FIVE, +0.15% dropped more than 5% after the retailer said it was tweaking its guidance to account for more “shrink” than anticipated.

Chewy shares CHWY, +0.18% dropped 5% as the pet products retailer said it expects lower prices amid weaker demand.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, CrowdStrike, Chewy, and MoreSalesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and moreThese are the stocks posting the largest moves in extended trading.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »

European markets open higher following UBS earnings; UBS up 6%European markets opened higher as investors assess UBS earnings.
La source: CNBC - 🏆 12. / 72 Lire la suite »

European markets open higher following UBS earnings; UBS up 5%European markets opened higher as investors assess UBS earnings.
La source: NBCLA - 🏆 319. / 59 Lire la suite »

Okta Earnings Top Estimates as Management Cites Better IT SpendingThe identity-management software company raised its financial forecasts for the full year, but the CEO said the firm is cautious about the short-term outlook.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »