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Today's Pre-Market Movers and Top Ratings | Salesforce, Okta, Marvell Technology and More

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Movers and Shakers wrote a column · Dec 4, 2024 07:29
Morning Movers
Gapping up
$Salesforce (CRM.US)$ stock soared almost 13% after the enterprise cloud company beat estimates for third-quarter revenue and raised the lower end of its annual revenue forecast.
$Dollar Tree (DLTR.US)$ stock rose 5.1% after the discount retailer reported third-quarter earnings and revenue that exceeded expectations, driven by strong same-store sales growth across its major brands.
$Okta (OKTA.US)$ stock soared 14% after the digital identity verification firm reported a third-quarter profit versus a year-ago loss, with 15% of its bookings coming from new products.
$Marvell Technology (MRVL.US)$ stock gained 12% after the chipmaker forecast fourth-quarter revenue above analyst estimates, pointing to strong AI chip demand.
Gapping down
$Foot Locker (FL.US)$ stock slumped 16% after the footwear retailer cut its annual earnings and sales forecasts as its fiscal third quarter disappointed on softer consumer spending trends.
Today's Pre-Market Movers and Top Ratings | Salesforce, Okta, Marvell Technology and More
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