Marvell Technology, Okta fall; Burlington, Colfax rise

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Stocks that traded heavily or had substantial price changes Thursday:

Marvell Technology Group Ltd., down $5.47 to $40.10.

The chipmaker said it expects to deal with supply problems through 2022.

Okta Inc. down $15 to $226.22.

The cloud identity management company gave investors a surprisingly weak fiscal first-quarter earnings forecast.

Splunk Inc., down $3.72 to $139.47.

A slide by the broader technology sector dragged down the software company, despite its solid fourth-quarter financial report.

American Eagle Outfitters Inc., up $2.26 to $27.69.

The teen clothing retailer beat analysts' fourth-quarter profit and revenue forecasts.

Colfax Corp., up $2.60 to $47.79.

The manufacturing and engineering company plans to split into two separate companies.

United Natural Foods Inc., up $1.50 to $29.90.

The food wholesaler extended its primary grocery distribution deal with Amazon's Whole Foods Market.

Burlington Stores Inc., up $28.38 to $281.99.

The discount retailer reported surprisingly strong fourth-quarter profit and revenue.

Purple Innovation Inc., down $11.78 to $24.37.

The maker of mattresses and bed pillows reported a surprise fourth-quarter loss and weak revenue.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
American Eagle Outfitters (AEO)
3.2662 of 5 stars
$24.39+6.3%2.05%28.36Hold$21.27
Okta (OKTA)
3.2965 of 5 stars
$92.29-0.7%N/A-42.53Hold$100.39
Marvell Technology (MRVL)
4.5156 of 5 stars
$69.62+3.2%0.34%-64.46Moderate Buy$81.13
Splunk (SPLK)
1.7277 of 5 stars
$156.90flatN/A124.52Hold$135.31
Colfax (CFX)
1.1749 of 5 stars
$0.00-100.0%N/A84.91N/A
United Natural Foods (UNFI)
3.4636 of 5 stars
$9.13+3.0%N/A-4.68Reduce$13.40
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