Asana, Marvell, Zscaler, Uber fall premarket; PagerDuty rises

  • Stock Market News
Asana, Marvell, Zscaler, Uber fall premarket; PagerDuty rises
Credit: © Reuters.

By Peter Nurse -- Stocks in focus in premarket trade on Friday, December 2nd. Please refresh for updates.

  • Asana (NYSE: ASAN ) stock fell 14% after the work management platform company cut its annual revenue guidance despite reporting healthy third-quarter results as the weaker macroeconomic backdrop continued to weigh.

  • Zscaler (NASDAQ: ZS ) stock fell 9.4% after the cloud security company offered up conservative guidance, saying it’s taking longer than usual to close deals.

  • Marvell (NASDAQ: MRVL ) stock fell 4.7% after the semiconductor company reported weaker-than-expected quarterly earnings and revenue , as well as disappointing fourth-quarter guidance.

  • PagerDuty (NYSE: PD ) stock rose 7.6% after the cloud computing company beat expectations for a quarterly loss by reporting a small profit in the third quarter.

  • Tesla (NASDAQ: TSLA ) stock rose 0.6% after the electric vehicle manufacturer delivered its first heavy-duty Semi without offering updated forecasts for the truck's pricing or production plans.

  • Uber (NYSE: UBER ) stock fell 0.4% after the CEO of the ride-hailing firm, Dara Khosrowshahi, said he isn’t considering cutting jobs even as competitors slash staff to cut costs given the uncertain economic outlook.

  • Uipath (NYSE: PATH ) stock rose 14% after the automation software firm reported upbeat quarterly earnings , with revenue increasing 19% year-over-year.

  • DoorDash (NYSE: DASH ) stock fell 2.4% after RBC downgraded its stance on the online food delivery company to ‘sector perform’ from ‘outperform’, citing slower order growth.

  • Blackstone (NYSE: BX ) stock fell 1.6% after Barclays downgraded the investment management company to ‘equal weight’ from ‘overweight’, after the firm limited withdrawals from its flagship private real estate fund.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or