Check out the companies making headlines in midday trading. Lululemon – The athleisure retailer soared more than 18% after topping Wall Street's estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco – Shares jumped more than 16.7% after the pet retailer reported a smaller-than-expected loss for the third quarter. Petco recorded lost 2 cents per share. Analysts had anticipated a loss of 4 cents per share, according to LSEG.
8% after the company posted a smaller-than-expected loss in the third quarter. Rubrik reported losses of 21 cents per share, while analysts' estimates had called for a loss of 40 cents per share, according to LSEG. The company also beat revenue expectations, posting $236 million in revenue compared to the consensus estimate of $218 million. Samsara – Shares of the software company fell 5% lower after issuing lukewarm guidance for the fourth quarter.
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