MongoDB shares sank 20% in premarket trading on Thursday after the database software maker issued disappointing guidance.
Rigetti Computing, a pioneer in quantum-classical computing, reported fourth quarter earnings that fell short of analyst expectations, but shares up 6% in morning trading.
LendingTree shares surged 21% in morning trading after the online financial services marketplace reported fourth-quarter earnings and revenue that significantly exceeded analyst expectations, while also providing an optimistic outlook for 2025.
Zscaler shares rose 6% in morning trading after the cybersecurity company upped its full-year earnings guidance after it reported better-than-expected fiscal second-quarter results.
Victoria's Secret & Co said it expects the business environment to improve throughout the year following a sluggish start. The lingerie retailer reported fourth-quarter revenue that outpaced the average analyst estimate on Wednesday, while the company’s outlook for full-year sales was slightly below market expectations. The shares dropped 8% in morning trading on Thursday.
Grindr, the online dating platform for LGBTQ users, fell short of estimates with its fourth-quarter earnings and 2025 margin forecast, sending the stock down 16% in morning trading.
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