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Zscaler stock slips after earnings call, Gitlab shares rise and other stocks on the move

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Zscaler, Gitlab and Verb Technology are among the active stocks.

Shares of Gitlab Inc. GTLB, +1.16% rose 6% after the software company reported a surprise second-quarter adjusted profit and offered up a slightly more upbeat full-year outlook.

Asana Inc.’s ASAN, +0.05% stock advanced 4% after-hours after the work-management platform provider reported quarterly results that topped analyst revenue and earnings estimates.Zscaler Inc. shares ZS, +2.75% edged 1% lower, after the cybersecurity company’s strong quarter and outlook paled amid repeated mentions from execs about the difficult deal environment, and longer-than-usual closing times.

Verb Technology stock VERB, +347.24% fell 23%, after a 347% surge on Tuesday when the company announced a new strategic relationship with TikTok.

 

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