Stock futures were mixed on Friday morning after the Dow Jones Industrial Average notched a new 2023 high and capped off its best month in more than a year. Though there are many stocks that are making the biggest moves after hours. Futures tied to the 30-stock index extended gains marginally and climbed 20 points, or 0.06%, while S&P 500 futures and Nasdaq-100 futures slipped 0.0.6% and 0.2%, respectively.
Stocks making the biggest moves
Here are the companies and stocks that are making the biggest moves after the bell.
Walt Disney
Disney stocks added about 1% after the entertainment giant reinstated its dividend at 30 cents a share. Disney stocks dividend comes amid activist investor Nelson Peltz and his firm’s proxy fight. The activist is calling for additional seats on Disney’s board. This made Disney stocks one of the biggest movers after the bell.
Ulta Beauty
Ulta Beauty stocks rose more than 11% on strong third-quarter results. The company earned $5.07 per share on revenue of $2.48 billion and updated the low end of its full-year guidance. As per the company the chief financial officer will retire in April.
Marvell Technology
One of the biggest stock movers is the chipmaker. Marvell Technology gained nearly 3% after the bell. It topped Wall Street’s Q3 expectations on both the top and bottom lines, posting adjusted earnings of 41 cents per share on $1.42 billion in revenue.
Elastic
Elastic shares skyrocketed nearly 15% after Elastic posted revenue for the recent quarter that topped Wall Street’s expectations. Elastic stock was also one of the biggest movers of the day. Subscription revenue also blew past a StreetAccount estimate of nearly $270 million. The company’s CEO said generative AI is “driving a resurgence of interest in search.”
Dell
Dell shares fell slightly after the personal computer maker reported mixed third-quarter results. The company topped adjusted earnings expectations by 41 cents a share. Revenue came up short of the roughly $23 billion expected.
PagerDuty
PagerDuty shares rose more than 7% after the digital operations management company lifted its full-year outlook. PagerDuty said it expects higher earnings per share, excluding items, to range between 72 cents and 73 cents for the year, versus its prior guidance of 60 cents to 65 cents.
Ambarella
Ambarella shares rose more than 4% in extended trading. Ambarella revenue also topped expectations. The company management said it expects to return to revenue growth in fiscal 2025.
Samsara
Samsara’s stocks became one of the biggest movers of the day and jumped 13% in extended trading after posting a top-and-bottom line earnings beat and sharing upbeat guidance. For the Q4, Samsara said it expects EPS to range between 2 cents and 3 cents.
