Company News for Aug 31, 2026
Companies in The News Are: MRVL, WDAY, GAP, MNSO.
- Marvell Technology Inc.’s (MRVL) shares plunged 10.3% after the company provided a weak guidance for third-quarter fiscal 2027 adjusted gross margin.
- Shares of Workday Inc. (WDAY) climbed 5.8% after posting first-quarter fiscal 2027 adjusted earnings of $2.75 per share, surpassing the Zacks Consensus Estimate of $2.62 per share.
- Shares of The Gap Inc. (GAP) jumped 12.9% after reporting second-quarter 2026 adjusted earnings of $0.52 per share, outpacing the Zacks Consensus Estimate of $0.50 per share.
- MINISO Group Holding Ltd.’s (MNSO) shares tumbled 4.4% after the company reported second-quarter 2026 adjusted earnings of $0.26 per share, lagging the Zacks Consensus Estimate of $0.31 per share.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Marvell Technology, Inc. (MRVL): Free Stock Analysis Report
The Gap, Inc. (GAP): Free Stock Analysis Report
Workday, Inc. (WDAY): Free Stock Analysis Report
MINISO Group Holding Limited Unsponsored ADR (MNSO): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).