Stocks making the biggest moves after hours: Okta, Nutanix, Five Below and more
The inside of one of Five Below’s existing locations.
Check out the companies making headlines after hours.
Pure Storage — The tech stock jumped 7% after the data storage developer surpassed profit and revenue expectations. Pure Storage also issued strong third-quarter and full-year revenue guidance.
Okta — Shares dropped 10% despite the identity management company posting a beat on the top and bottom lines in its second-quarter results. Okta’s third-quarter and full-year revenue guidance was also in line with expectations.
Nutanix — The cloud computing stock surged 21% after Nutanix exceeded expectations in its quarterly results and issued strong revenue guidance.
MongoDB — Shares declined 8% after the document database company forecasted a wider-than-expected loss in its third-quarter guidance. Otherwise, MongoDB posted a profit and revenue beat in its most recent quarter.
Five Below — Shares rose 4.4% despite the discount retailer missing earnings and revenue expectations in its most recent quarterly results. Five Below also issued weak guidance for the third quarter and the full year.
Disney — The stock advanced 1.5% after a Wall Street Journal report, citing people familiar with the matter, said the Walt Disney Company is exploring a membership program similar to Amazon Prime. The perks would encourage customers to spend more on streaming, resorts and merchandise, the report said.
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