DocuSign, Olli’s fall; Marvell Technology, Smartsheet rise
Dec 2, 2021, 11:20 PM | Updated: Dec 3, 2021, 1:22 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
DiDi Global Inc., down $1.73 to $6.07.
The China-based ride-hailing service is withdrawing from the New York Stock Exchange and will list on the Hong Kong exchange.
Nvidia Inc., down $14.33 to $306.93.
The Federal Trade Commission sued to block the graphics chip maker’s deal to acquire chip designer Arm.
Marvell Technology Inc., up $12.56 to $83.59.
The data infrastructure company issued an outlook for sales and income that came in well above what Wall Street analysts expected.
DocuSign Inc., down $98.73 to $135.09.
The company, which provides online signature services, forecast new orders and sales for its current quarter that fell short of analysts’ estimates.
Ollie’s Bargain Outlet Holdings Inc., down $12.87 to $49.99.
The chain of closeout stores reported results that fell short of Wall Street’s forecasts and issued a disappointing forecast.
Zillow Inc., up $6.14 to $60.39.
The company said it was making progress in winding down its home-flipping business and announced a stock buyback.
Sportsman’s Warehouse Holdings Inc., down $3.33 to $13.61.
The company scrapped a deal with Cabela’s owner Great Outdoors Group following opposition from the Federal Trade Commission.
Smartsheet Inc., up $4.78 to $65.94.
The provider of cloud-based work management tools issued a strong sales outlook for the current quarter and raised its outlook for the year.
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