Inside one of many current 5 down areas.
Take a look at the businesses making headlines after hours.
Pure storage – Tech shares rose 7% after the info storage developer beat revenue and income expectations. Pure Storage additionally launched third-quarter and full-year income steering.
Octa – Shares fell 10% regardless of the id administration firm posting a beat on the highest and backside traces in its second-quarter outcomes. Okta’s third-quarter and full-year income steering have been additionally consistent with expectations.
Nutanix — Cloud computing shares surged 21% after Nutanix beat expectations in its quarterly outcomes and issued sturdy income steering.
MongoDB – Shares fell 8% after the doc database firm forecast a bigger-than-expected loss in its third-quarter steering. In any other case, MongoDB posted a revenue and income beat in its most up-to-date quarter.
Five down – Shares rose 4.4% regardless of the low cost retailer lacking earnings and income expectations in its most up-to-date quarterly outcomes. 5 beneath additionally issued weak steering for the third quarter and full 12 months.
Disney – The inventory rose 1.5% after one The Wall Street Journal reportsThe Walt Disney Co. is exploring a membership program just like Amazon Prime, citing folks aware of the matter. The advantages will encourage clients to spend extra on streaming, resorts and merchandise, the report stated.