Check out the company that made headlines in midday trading: Victoria’s Secret – Stocks fell more than 5% after lingerie retailers released guidance for the first quarter. Victoria’s Secret believes that revenues ranged from $1.3 billion to $1.33 billion during this period, while analysts who voted by LSEG estimated revenues of $1.39 billion. Management cites uncertain macro context and shifts in consumer confidence. Marvell Technology – Semiconductors’ stock is nearly 18% after Marvell released a modest beat in the fourth quarter. Marvell reported adjusted revenue per share of 60 cents, with revenue of $1.82 billion, while analysts surveyed by LSEG expect revenue of $18 billion. Barclays suggested in a note that other Amazon supply chain companies raised expectations for Marvell before the report, and that AI-related companies “have been punished despite better fundamentals.” Semiconductor Stocks – Stocks of high-profile chipmakers sympathized with Marvell’s lower moves. NVIDIA shares fell by nearly 5%, while in semiconductor and Taiwanese semiconductor manufacturers, about 6% and 3% respectively. MongoDB – Stocks fell 24% after adjusted revenues of $2.44 to $2.62 guided by database software manufacturers, with revenues of $2.24 billion to $2.28 billion in fiscal 2026. Analysts expect full-year revenue for analysts to be $3.34 per share and $232 million in revenue. Rigetti calculates – Although the company’s fourth-quarter results lost Wall Street expectations, the stock reversed its early losses and gained nearly 7% of its losses. Rigetti had $2.3 million in revenue and lost 68 cents per share, while analysts who voted by Factset expect to lose 7 cents per share and earn $2.5 million. Amazon – Megacap e-commerce giant’s shares fell more than 3%, returning 2.2% of its earnings from the previous session. The pace of the stock has dropped by more than 5% this week. ZSCALER – Cloud security stocks exploded nearly 6% after the company released its second quarter beat on top and bottom lines. Zscaler had revenue of $648 million, with adjusted revenue of 78 cents per share, while LSEG voted analysts had earned $69 cents per share, with revenue of $636 million. The company also believes its fiscal third-quarter earnings exceeded analyst estimates. TELADOC – Telemedicine companies Teladoc and Lifemd announced Thursday that they signed a deal to provide Eli Lilly’s weight loss pill Zepbough to self-paid patients, with leading Teladoc stock as high as 4%. Lifemd shares fell nearly 1%. VEEVA Systems – Shares of cloud computing companies rose 9% after the company’s adjusted earnings and revenue gains from its fourth-quarter estimates. Veeva also released strong guidance this quarter. Grindr – LGBTQ social networking and dating app stocks fell 16%. Grindr reported a full-year net loss of $131 million, wider than the $55.8 million it saw the company the previous year. Venture Global – Shares of natural gas exporters listed in January plummeted more than 30% after revenue declines in the company’s fourth quarter offering. Burlington Stores – Apparel retailers popped up about 10% on strong fourth-quarter results. Burlington Store reported adjusted revenue at $4.07 per share, $3.28 billion. Analysts surveyed by LSEG demanded $3.76 per share and $3.23 billion in revenue. BJ’s Wholesale Club – Stocks of large retailers jumped 13%. BJ’s wholesale released adjusted revenue of 93 cents for the fourth quarter, with revenue of $5.28 billion. That exceeded analysts’ requirements, requiring earnings of 88 cents per share and revenue of $5.27 billion. – Sean Conlon, Hakyung Kim, Lisa Han and Michelle Fox of CNBC contributed the report.
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