SoFi stock falls after announcing $1.5B public offering of common stock
After-hours movers:
Hewlett Packard Enterprise (HPE) fell 4% after it’s quarterly revenue trailed estimates and it gave disappointing guidance. Revenue for the quarter came in at $9.7 billion versus the consensus estimate of $9.9 billion.
Ulta Beauty (ULTA) rose 5% after it delivered strong quarterly EPS and revenue and raised guidance. Ulta Beauty reported Q3 EPS of $5.14, $0.62 better than the analyst estimate of $4.52. Revenue for the quarter came in at $2.86 billion versus the consensus estimate of $2.7 billion.
SentinelOne (S) fell 7.5% after guidance missed expectations. SentinelOne sees Q4 2026 revenue of $271 million, versus the consensus of $273.5 million.
Docusign (DOCU) fell 4% despite quarterly figures that came in above estimates. Revenue for the quarter came in at $818.4 million versus the consensus estimate of $807.09 million.
Rubrik (RBRK) rose 12% after publishing strong quarterly results. Rubrik reported Q3 EPS of $0.10, $0.27 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $350.2 million, versus $320 million reported last year.
SoFi Technologies (SOFI) fell 4% after it announced an underwritten public offering of $1.5 billion of shares of its common stock.
Praxis Precision Medicines (PRAX) surged 25% after the EMBOLD study was stopped early after relutrigine shows efficacy.