Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more

Affirm Holdings —  The banal added 10.8% aft its quarterly results came successful amended than expected. Affirm posted a nonaccomplishment of 69 cents per stock connected gross of $446 million. Analysts polled by Refinitiv had estimated a nonaccomplishment of 85 cents per stock connected $406 cardinal successful revenue. The CEO cited sequentially improved recognition results and accelerated growth.

Nordstrom — Shares fell astir 4% aft the institution reported an net and gross beat successful the 2nd quarter. To beryllium sure, income fell 8.3% from the year-ago quarter. 

Gap — Shares roseate astir 2% successful spite of a mixed quarterly report. Gap posted 34 cents per share, aft adjustments, beating Refinitiv estimates of 9 cents per share. Revenue, however, missed expectations. The covering retailer reported $3.55 cardinal successful revenue, shy of the $3.57 cardinal estimate. Management reported a importantly improved inventory position, but expects gross successful the 3rd 4th to diminution astatine a debased double-digit gait year-over-year, compared with expert forecasts of a 6.8% decline.

Marvell Tech —  Shares of the chipmaker tumbled much than 5% adjacent arsenic the company's quarterly results topped Wall Street's estimates. Earnings per stock came successful astatine 33 cents, excluding items, portion analysts polled by Refinitiv had estimated 32 cents per share. Marvell posted $1.34 cardinal successful revenue, compared with expert estimates of $1.33 billion. 

Ulta Beauty — The quality retailer's shares gained much than 2% aft its second-quarter results came successful amended than expected. Ulta earned $6.02 per stock connected $2.51 cardinal successful revenue. Analysts had forecasted net of $5.85 per stock connected $2.51 cardinal successful revenue, according to Refinitiv. The institution besides raised its full-year forecast.

Intuit — Shares fell much than 2% contempt the institution reporting fiscal fourth-quarter net that bushed connected some the apical and bottommost lines. Intuit's gross guidance for the existent 4th came successful beneath estimates. The institution expects first-quarter gross to emergence betwixt 10% and 11%, portion analysts had estimated 13% growth.

Workday – The cloud-based endeavor absorption jumped 4% after posting a bushed connected the apical and bottommost lines successful the 2nd quarter. The institution besides raised its fiscal 2024 subscription gross forecast.