After-Hours Stock Movements: Dell, MongoDB, GitLab, Credo Technology, and Palo Alto Networks
Several stocks experienced significant after-hours trading activity following their quarterly earnings reports. Dell Technologies saw its shares rise nearly 9% due to better-than-expected results and an upward revision of its fiscal 2027 forecast. GitLab's stock surged almost 20%, driven by a strong earnings beat and optimistic guidance for the full year. In contrast, MongoDB’s shares fell over 12% despite outperforming expectations on both revenue and profit. Credo Technology experienced a nearly 4% decline after its non-GAAP gross margin slightly missed forecasts, even though it exceeded estimates in other areas. Palo Alto Networks reported strong results as well but saw minimal movement with its stock remaining flat.
Tickers: $CRTO $DELL $GTLB $MDB $PANW
Topics: earnings guidance stock_performance