CRM, PATH, CPRI and more

From CNBC: 2024-05-29 17:19:53

Salesforce shares dropped over 14% after missing revenue estimates for the first quarter, despite beating adjusted earnings estimates. UiPath’s CEO announced his resignation, causing stock to plummet 30%. HP Inc. rose 3% on strong second quarter earnings. Okta and C3.ai, however, exceeded analysts’ expectations, while Capri and American Eagle Outfitters fell short. Nutanix issued below-estimate revenue forecasts for the fiscal fourth quarter, leading to a 14% drop in stock. Agilent Technologies also faced a 14% decline after lowering full-year earnings and revenue guidance.

Read more: CRM, PATH, CPRI and more