Lattice Semiconductor and Rambus shares fall after results, and other stocks on the move

📆 8/1/2023 11:57 AM
📰 MarketWatch

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Arista Networks, Uber Technologies, Lattice Semiconductor and Rambus are among the stocks in the spotlight.

Stock gainers: Shares of Arista Networks Inc. ANET soared 14% following its fiscal second-quarter earnings report. The company posted better-than-expected revenue and earnings, and it offered third-quarter revenue guidance that easily topped analysts’ estimates.Stock gainers: Shares of Arista Networks Inc. ANET soared 14% following its fiscal second-quarter earnings report.

Lattice Semiconductor Corp. shares LSCC fell 2% after the programmable logic chipmaker’s modest outlook overshadowed its earnings beat. Shares of Monolithic Power Systems Inc. MPWR shares fell 6% after the computer power system maker’s in-line forecast took away from its earnings beat. Rambus Inc. shares RMBS fell as much as 8% as the chip and sensor maker’s earnings and outlook disappointed.

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