Marvell Plunges on Weak Guidance; Gap, Workday Surge

Earnings

โดย Zacks Investment Research·

Summary · why it matters

Marvell Technology Inc.'s shares plunged 10.3% after the company provided weak guidance for third-quarter fiscal 2027 adjusted gross margin. In contrast, Workday Inc. climbed 5.8% after posting first-quarter fiscal 2027 adjusted earnings of $2.75 per share, surpassing the Zacks Consensus Estimate of $2.62 per share. The Gap Inc. jumped 12.9% after reporting second-quarter 2026 adjusted earnings of $0.52 per share, outpacing the Zacks Consensus Estimate of $0.50 per share. Meanwhile, MINISO Group Holding Ltd.'s shares tumbled 4.4% after reporting second-quarter 2026 adjusted earnings of $0.26 per share, lagging the Zacks Consensus Estimate of $0.31 per share.