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Gainers
- Pivotal Software Inc PVTL shares are up 8% after receiving an acquisition offer from VMware for a blended price per share of $11.70.
- Salesforce.com, inc. CRM shares are up 7% after reporting a second-quarter earnings beat. Earnings came in at 66 cents per share, beating estimates by 19 cents. Sales came in at $4 billion, beating estimates by $50 million.
Losers
- HP Inc HPQ shares are down 5% after reporting a third-quarter sales miss. Its CEO will step down Nov. 1.
- Ross Stores, Inc. ROST shares are down 2.2% despite reporting a second-quarter earnings beat. Earnings came in at $1.14, beating estimates by 2 cents. Sales came in at $3.98 billion, beating estimates by $20 million.
- Gap Inc GPS shares are down 1.2% after reporting a second-quarter sales miss. Adjusted earnings came in at 63 cents per share, beating estimates by 10 cents. Sales came in at $4 billion, missing estimates by $20 million.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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