After-Hours Movers: Marvell Technology, Salesforce, Okta, and More

After strong third-quarter results and guidance, Marvell Technology (NASDAQ:MRVL) rose by 9%. The net income for the third quarter of the 2025 fiscal year was $1.516 billion, exceeding the midpoint of the company's guidance provided on August 29, 2024, by $66.0 million.

Salesforce (NYSE:CRM) increased by 7% following a third-quarter revenue report that surpassed estimates and a positive tone from management regarding AI initiatives, despite slightly missing earnings per share forecasts and providing mixed guidance.

Okta, Inc. (NASDAQ:OKTA) surged by 21% after easily exceeding third-quarter expectations. The company expects total revenue between $667 million and $669 million for the fourth quarter of the 2025 fiscal year, representing an annual growth rate of 10% to 11%.

Intuitive Machines (LUNR) fell by 6% after announcing a committed public offering for $65 million of Class A common stock.

Pure Storage, Inc. (NYSE:PSTG) rose by 22% after reporting third-quarter results that surpassed consensus estimates in all aspects.

UnitedHealth Group (NYSE:UNH) declined by 1% after announcing its 2025 projections ahead of an investor conference. UnitedHealth forecasts revenue between $450 billion and $455 billion for 2025, with net income per share between $28.15 and $28.65, and adjusted net income per share between $29.50 and $30.00.

Box (BOX) dropped by 2% after releasing third-quarter results along with guidance that slightly exceeded but fell short of expectations.