Take a look at the companies making headlines in afternoon trading: Lululemon – The athleisure retailer rose more than 18% after beating Wall Street expectations for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco – Shares rose more than 16.7% after the pet retailer reported a smaller-than-expected loss for the third quarter. Petco posted a loss of 2 cents per share. Analysts had expected a loss of 4 cents per share, according to LSEG. Sales also exceeded analyst expectations. DocuSign – Shares of the electronic signature company rose more than 27% after DocuSign forecast fourth-quarter revenue between $758 million and $762 million, surpassing the consensus forecast of $756 million, according to LSEG. The company's adjusted earnings and revenue for the third quarter also topped Street estimates. AMC Entertainment — Movie theater shares fell more than 10% after AMC agreed to sell up to 50 million shares after a post on social media site X from meme stock personality “Roaring Kitty” sent AMC higher in the previous session. Victoria's Secret – The lingerie company rose 9.4% after better-than-expected third-quarter results. Victoria's Secret posted a loss of 50 cents per share on revenue of $1.35 billion. Analysts polled by LSEG expected a loss of 63 cents per share on revenue of $1.29 billion. The company also raised its full-year outlook. Asana – Shares rose 44% after the work management software company posted a smaller-than-expected adjusted loss. Asana reported a loss of 2 cents per share on revenue of $184 million in the third quarter. Analysts polled by LSEG expected a loss of 7 cents per share on revenue of $181 million. Rubrik – Data security shares rose 24.8% after the company posted a smaller-than-expected loss in the third quarter. Rubrik reported a loss of 21 cents per share, while analyst estimates had predicted a loss of 40 cents per share, according to LSEG. The company also exceeded revenue expectations, posting revenue of $236 million, compared to the consensus estimate of $218 million. Samsara – Shares of the software company fell 5% lower after issuing tepid fourth-quarter guidance. For the period, Samsara expects earnings of 7 to 8 cents per share and revenue of between $334 million and $336 million. Analysts polled by LSEG expected 6 cents per share on revenue of $336 million. The company managed to exceed profit and revenue expectations for the third quarter. Hewlett Packard Enterprise – Shares rose about 10% after the company reported a decline in revenue in its fiscal fourth quarter. HP Enterprise reported adjusted earnings of 58 cents per share, compared to forecasts of 56 cents per share, according to LSEG. Revenue of $8.46 billion also surpassed consensus estimates that called for $8.26 billion. Energy Stocks – Oil stocks fell as analysts continued to predict a crude oil supply glut through 2025 despite OPEC+'s decision to postpone planned supply increases. Diamondback Energy and Halliburton fell 3.8% and 2.7%, respectively. The APA fell by 2.6%. DraftKings – The sports betting giant's shares fell after Sen. Mike Lee, R-Utah, tweeted that “we cannot allow online gambling companies like @FanDuel and @DraftKings to violate antitrust laws,” in support of the Federal Trade Commission Chairman's investigation Lina Khan to both companies for possible anti-competitive behavior. DraftKings shares fell about 0.9%. — CNBC's Yun Li, Sean Conlon and Pia Singh contributed reporting.
