Gainers:
-
Cavium Inc (NASDAQ: CAVM) shares are up
6 percent after Marvell announces a CFIUS review of merger with Cavium and determined there were no unresolved national
security issues in respect to the merger.
-
Deckers Outdoor Corp (NYSE: DECK) shares
are up 6 percent after reporting a fourth-quarter sales beat. Revenues came in at $401 million, beating estimates by $26
million. Earnings came in at 50 cents per share. The company also issued strong FY2019 earnings and sales guidance.
Losers
-
Zoe’s Kitchen Inc (NYSE: ZOES) shares are
down 21 percent after reporting a first-quarter earnings miss. Earnings came in at $(0.13), missing estimates by 13 cents.
Sales came in at $102 million, missing estimates by $3 million. The company also lowered its FY18 sales outlook from
$358million-$368 million to $345 million-$352 million.
-
BG Staffing Inc (NYSE: BGSF) shares are
down 13 percent after announcing a common stock offering. The size was not disclosed.
-
Gap Inc (NYSE: GPS) shares are down 8
percent after reporting a first-quarter earnings miss. Earnings came in at 42 cents per share, missing estimates by 4 cents.
Sales came in at $3.78 billion, beating estimates by $183 million. Comps were up 1 percent in the quarter.
-
Callon Petroleum Company (NYSE: CPE)
shares are down 5 percent after announcing a 22 million share common stock offering.
-
Nutanix Inc (NASDAQ: NTNX) shares are
down 4 percent following a third-quarter earnings miss. Earnings came in at $(0.21), missing estimates by 2 cents. Sales came
in at $289 million, beating estimates by 420 million.
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