Gap Drops, Nutex Health Falls, Marvell Rises as Bullish Target Shows AI Demand
Stock Movers6 Maalis

Gap Drops, Nutex Health Falls, Marvell Rises as Bullish Target Shows AI Demand

On this episode of Stock Movers:

- Gap (GAP) shares drop after the company reported fourth-quarter sales and profit that came in slightly below expectations, as two of its apparel chains underperformed. Old Navy and Athleta missed comparable-sales estimates, while Gap and Banana Republic beat.

- Nutex Health (NUTX) shares fall after trading before regular market hours. The company reported EPS and sales below estimates. The company attributed the lower-than-expected revenue to a one-time cumulative true-up of arbitration claims that arbitrators determined were ineligible under the independent dispute resolution process, according to a press release.

- Marvell (MRVL) shares up after the chipmaker said its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027, a bullish target that shows soaring demand from data center-related applications.

See omnystudio.com/listener for privacy information.

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Jaksot(2204)

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