GTLB - Hot Stocks: GTLB CHS rise on earnings NVAX also gains on vaccine news while SJM dips

During Tuesday’s early morning trading shares of GitLab Inc. (NASDAQ:GTLB) increased after the company reported positive earnings information. Also, on the rise do in part from strong earnings was Chico’s FAS (NYSE:CHS). Novavax (NASDAQ:NVAX) shares rose to the top after the firm’s shares were halted ahead of and FDA meeting on its COVID-19 vaccine. At the same time, shares of J. M. Smucker Company (NYSE:SJM) slide into negative territory even after the company posted positive earnings data. Gainers GitLab Inc. (GTLB) experienced a 9.9% jolt in early trading after the software firm surpassed Q1 Non-GAAP EPS and revenues. GTLB topped Q1 Non-GAAP EPS by $0.08 and outdid revenue forecast estimates by $9.28M. Chico’s FAS (CHS) trended into the green +2.6% in premarket trading as the organization posted Q1 GAAP EPS of $0.28, which beat estimates by $0.18. Moreover, the women’s apparel business also provided revenues of $540.92M, which were also beat by $50.82M. Novavax

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Hot Stocks: GTLB, CHS, rise on earnings, NVAX also gains on vaccine news, while SJM dips