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Palo Alto Jumps, Ulta Beauty Mixed, Gitlab Cuts Workforce | Stock Movers
Posted
June 2, 2026
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187
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June 2, 2026
187
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4:43Now PlayingToday's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Palo Alto Networks (PANW) shares are up 13% in extended trading, after the security software company reported third-quarter results that beat expectations and raised its full-year forecast for key metrics.
- Ulta Beauty (ULTA) shares are up 4.9% in extended trading after the retailer raised its earnings per share forecast for the full year. Ulta said sales at stores open at least a year increased 5.3%, above the 4.7% that analysts were expecting. Not only did transactions increase 1.6%, but the average purchase size rose 3.7%.
- GitLab is cutting about about 350 roles, or about 14% of its workforce and exiting 22 countries as part of a restructuring aimed at streamlining operations and sharpening execution.
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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Palo Alto Jumps, Ulta Beauty Mixed, Gitlab Cuts Workforce
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