Stocks making the biggest moves after hours: Dell, MongoDB, GitLab and more
These are the stocks posting the largest moves in after-hours trading.
Dell Technologies reported stronger-than-expected fiscal second-quarter results, with adjusted earnings of $7.04 a share and revenue of $47.0 billion, surpassing Wall Street estimates. The company's AI server orders reached $60.9 billion, with a record backlog of $95 billion. Revenue rose 58% from a year earlier, and net income and operating profit surged due to booming AI server demand, stronger storage sales, and operating leverage. Shares rebounded after hours, suggesting investors welcomed the beat and higher outlook.
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- Earnings call transcript: Dell beats Q2 2027 estimates, shares rebound after hours investing.com
- MongoDB reports Q2 revenue up 30% YoY to $771.8M, vs. $735M est., Atlas revenue up ~29% YoY, below major hedge funds' expectations; MDB drops 12%+ after hours (Mariapaula Gonzalez/Barron's Online) barrons.com
- Dell reports Q2 revenue up 58% YoY to $46.97B, vs. $44.92B est., and forecasts $192B in FY 2027 revenue, vs. $172.67B est.; DELL jumps 9%+ after hours (Jordan Novet/CNBC) cnbc.com