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Growth Investing101: nVent Electric plc (NVT)

Company Overview: nVent Electric plc (NVT) and its subsidiaries are involved in the design, production, marketing, installation, and maintenance of electrical connection and protection solutions. The...

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HomeStocks in FocusToday's Top Performers: FedEx, Ocugen Lead Stock Market Surge, Nike, Lululemon Join...

Today’s Top Performers: FedEx, Ocugen Lead Stock Market Surge, Nike, Lululemon Join the Rally.

Today’s Top Performers

In the early hours of Friday, stock futures are up as all three main averages surpassed their previous closing records.

Top stock gainers



FedEx shares rose over 12% in Q3, driven by cost-cutting measures in its Express business and improved margins in Q3. The Express segment achieved an operating margin of 2.5%, surpassing Street expectations by 150 basis points. The company’s adjusted operating margin rose to 6.2% from 5.3% in Q3. FedEx anticipates a slight revenue decrease in 2024 and has adjusted its profit guidance to $17.25 to $18.25 per share, excluding MTM retirement plans. The company plans to increase share repurchase in Q4 by $500M and authorizes a new $5B share repurchase program.


Ocugen (OCGN) shares rose by 10% on Friday after hitting a 52-week high. The increase was due to an amendment to the company’s bylaws, which reduced the quorum requirement for stockholder meetings to one-third of the voting power of its outstanding shares. This change, effective immediately, reduces the company’s quorum requirement from a majority to a third of the voting power.

Top stock losses

Nike‘s shares dropped by 7% following a disappointing revenue outlook, which overshadowed its better-than-expected Q3 earnings report. CFO Matthew Friend confirmed a 1% growth in FY2024 revenue, but projected a low single-digit decline in the first half of fiscal 2025. Nike revised its growth projections in December due to overseas market challenges and plans to reduce costs by around $2B over the next three years.


Lululemon Athletica‘s Q4 results exceeded analysts’ expectations, but its Q1 outlook fell below the consensus forecast. The company expects Q1 revenue between $2.18B and $2.20B, below the consensus estimate of $2.26B. Q1 EPS is projected between $2.35 to $2.40, below the consensus of $2.53. For the full year, Lululemon expects revenue between $10.7B and $10.8B, below the consensus of $11B, and EPS between $14.00 and $15.20.

Must read book about investing – check here Today’s Top Performers Today’s Top Performers Today’s Top Performers Today’s Top Performers

After reporting 8% Y/Y subscription revenue growth in 4Q24, DocuSign (NASDAQ:DOCU) shares rose 10%. Electronic signature business predicts 1Q25 revenue of $704M to $708M, above analysts’ $699.1M forecast. DocuSign expects sales of $2.91B to $2.92B this year, with consensus of $2.91B. Customer adoption of Contract Lifecycle Management and eSignature in StateRAMP-authorized environments was also emphasized by the organization.

MongoDB (NASDAQ:MDB) shares fell 8% after exceeding Q4 profit and sales forecasts owing to its dovish FY2025 outlook. MongoDB expects revenues of $436M to $440M in Q1, below the average expectation of $449.08M. Below the estimate of $0.61, non-GAAP EPS is expected to be $0.34–$0.39. The business estimates FY2024 sales between $1.9B and $1.93B, below the average of $2.03B. Unlike the consensus of $3.22, non-GAAP EPS is expected to be $2.27 to $2.49.

Marvell Technology (NASDAQ:MRVL) shares fell over 7% after solid Q4 earnings due to a dismal Q1 guidance. The business predicts Q1 sales of $1.15B, plus or less 5%, behind analysts’ $1.36B. Marvell predicts adjusted gross margins of 62% to 63% and adjusted earnings of $0.18 to $0.28 per share, significantly below the average forecast of $0.40. Marvell announced $3B in stock buybacks.

Despite a 5.7% Y/Y rise, Costco Wholesale’s NASDAQ:COST shares plummeted roughly 4% as its FQ2 earnings reports fell short of the top-line estimate. Comparable sales increased by 5.6% during the quarter, above the 5.1% estimate.

MongoDB (NASDAQ:MDB) shares fell 8% after exceeding Q4 profit and sales forecasts owing to its dovish FY2025 outlook. MongoDB expects revenues of $436M to $440M in Q1, below the average expectation of $449.08M. Below the estimate of $0.61, non-GAAP EPS is expected to be $0.34–$0.39. The business estimates FY2024 sales between $1.9B and $1.93B, below the average of $2.03B. Unlike the consensus of $3.22, non-GAAP EPS is expected to be $2.27 to $2.49.

Marvell Technology (NASDAQ:MRVL) shares fell over 7% after solid Q4 earnings due to a dismal Q1 guidance. The business predicts Q1 sales of $1.15B, plus or less 5%, behind analysts’ $1.36B. Marvell predicts adjusted gross margins of 62% to 63% and adjusted earnings of $0.18 to $0.28 per share, significantly below the average forecast of $0.40. Marvell announced $3B in stock buybacks.

Despite a 5.7% Y/Y rise, Costco Wholesale’s NASDAQ:COST shares plummeted roughly 4% as its FQ2 earnings reports fell short of the top-line estimate. Comparable sales increased by 5.6% during the quarter, above the 5.1% estimate.

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