Finance

In this article

People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021.
Source: Nasdaq

Check out the companies making headlines in post-market trading.

GitLab – The development software operator jumped 23% after it posted a narrower per-share loss than expected while also coming in above expectations for revenue, according to FactSet. GitLab also gave a strong outlook for the next quarter and full year.

Herbalife Nutrition – The multi-level marketing company dropped 11% after it announced a proposed offering of $250 million in convertible senior notes, which will mature in 2028.

Sumo Logic – Shares of the machine data analytics company added 11% after reporting a smaller per-share loss and greater revenue than anticipated by analysts polled by FactSet. The company also positively revised its expected full-year earnings per share and revenue.

Articles You May Like

Here’s why Biden administration believes new student loan forgiveness plan will survive legal challenges
How to Improve the Base Erosion and Anti-Abuse Tax
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO 
Mortgage demand drops as interest rates soar over 7%
A key deadline for student loan forgiveness consolidation is just days away. Here’s what to know