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Company News for Dec 7, 2020

Zacks Equity Research
·1 min read

  • Shares of Marvell Technology Group Ltd. MRVL declined 4.7% after the company reported third-quarter fiscal 2021 revenues of $750.1 million, short of Zacks Consensus Estimate of $750.4 million.

  • Yext Inc.’s YEXT shares plummeted 18.8% after the company gave weaker-than-expected guidance for the ongoing quarter.

  • Shares of DocuSign, Inc. DOCU jumped 5.3% after the company reported third-quarter 2020 earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share.

  • Cloudera, Inc.’s CLDR shares surged 7.2% after the company reported third-quarter fiscal 2021 adjusted earnings of $0.15 per share, beating to the Zacks Consensus Estimate of a loss of $0.04 per share.


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