DocuSign, Gap rise; Costco, Marvell fall, Friday, 3/8/2024
Stocks that are trading heavily or have substantial price changes on Friday: DocuSign, Gap rise; Costco, Marvell fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
Costco Wholesale Corp. (COST), down $53.01 to $732.58.
The warehouse club operator's fourth-quarter revenue fell short of Wall Street forecasts.
Marvell Technology Inc. (MRVL), $8.15 to $76.94.
The chipmaker gave investors a disappointing financial forecast.
MongoDB Inc. (MDB), down $25.19 to $386.18.
The database platform's earnings and revenue forecasts fell short of analysts' expectations.
DocuSign Inc. (DOCU), up $2.59 to $56.15.
The provider of electronic signature technology beat analysts' fourth-quarter earnings and revenue forecasts.
Gap Inc. (GPS), up 92 cents $20.25.
The clothing chain reported strong fourth-quarter financial results.
Xoma Corp. (XOMA), down 33 cents to $24.79.
The drug developer's fourth-quarter loss was much bigger than analysts expected.
Smith & Wesson Brands, Inc. (SWBI), $3.50 to $16.94.
The firearm maker beat analysts' fiscal third-quarter earnings and revenue forecasts.
Amylyx Pharmaceuticals Inc. (AMLX), down $15.49 to $3.48.
The biotechnology company's ALS drug failed to meet its key treatment goals in a study.
