Check out the companies making headlines in midday trading: Victoria’s Secret — Shares declined 8.2% after the lingerie retailer issued lighter-than-expected guidance for the first quarter. Victoria’s Secret sees revenue coming in between $1.3 billion and $1.33 billion during the period, while analysts polled by LSEG had estimated $1.39 billion. Management cited an uncertain macro backdrop and shifts in consumer confidence. Marvell Technology — Shares of the semiconductor company slid 19.8% after Marvell posted modest beats for the fourth quarter. Marvell reported 60 cents in adjusted earnings per share on $1.82 billion of revenue, while analysts surveyed by LSEG were expecting 59 cents per share on $1.80 billion of revenue. Barclays suggested in a note that strong results for other Amazon supply chain companies had raised expectations for Marvell ahead of the report, and that artificial intelligence-related companies “have been punished despite better fundamentals.” Semiconductor stocks — Shares of high-profile chipmakers slipped in sympathy with Marvell’s downbeat move. Nvidia shares shed 5.7%, while ON Semiconductor and Taiwan Semiconductor Manufacturing traded about 5.6% and 4.6% lower, respectively. MongoDB — Shares sank 26.9% after the database software maker guided for adjusted earnings of $2.44 to $2.62 per share and revenue of $2.24 billion to $2.28 billion for fiscal 2026. That fell short of analysts’ expectations for full-year earnings per share of $3.34 and revenue of $2.32 billion, per LSEG. Rigetti Computing — The stock reversed early losses to gain about 4% despite the company’s fourth-quarter results missing Wall Street’s expectations. Rigetti posted a loss of 68 cents per share on $2.3 million in revenue, while analysts polled by FactSet expected a loss of 7 cents per share and $2.5 million in revenue. Amazon — Shares of the megacap e-commerce giant fell 3.7%, giving back its 2.2% gain from the previous session. The stock is on pace to end the week down more than 5%. Zscaler — The cloud security stock popped 2.9% after the company posted a fiscal second-quarter beat on both the top and bottom lines. Zscaler posted adjusted earnings of 78 cents per share on revenue of $648 million, while analysts polled by LSEG had penciled in 69 cents in earnings per share and $636 million in revenue. The company also sees its fiscal third-quarter earnings coming in above analysts’ estimates. Teladoc — Telehealth firms Teladoc and LifeMD announced Thursday that they signed an agreement to offer Eli Lilly’s weight loss drug Zepbound to self-paying patients, leading Teladoc shares 4% higher. LifeMD shares dipped nearly 1%. Veeva Systems — The cloud computing company’s stock price jumped 7.4% after the company’s adjusted earnings and revenue for the fourth quarter beat analysts’ estimates. Veeva also posted strong guidance for the current quarter. Grindr — Shares of the LGBTQ social network and dating app slipped 16%. Grindr posted a full-year net loss of $131.0 million, wider than the $55.8 million net loss the company saw the year before. Venture Global — Shares of the natural gas exporter, which went public in January, plummeted more than 36% after the company posted a fourth-quarter revenue decline. Burlington Stores — The clothing retailer popped about 8.7% on strong fourth-quarter results. Burlington Stores reported adjusted earnings of $4.07 per share on $3.28 billion. Analysts surveyed by LSEG sought $3.76 in earnings per share and $3.23 billion in revenue. BJ’s Wholesale Club — Shares of the big-box retailer leapt 12.2%. BJ’s Wholesale posted fourth-quarter adjusted earnings of 93 cents on revenue of $5.28 billion. That topped analysts’ call for 88 cents in earnings per share and $5.27 billion in revenue. — CNBC’s Sean Conlon, Hakyung Kim, Lisa Han and Michelle Fox contributed reporting.
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 incapitalquest.com – All rights reserved.
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 incapitalquest.com – All rights reserved.