Gap and Dell tumble while Williams-Sonoma and Okta advance

FAN Editor

Stocks that moved substantially or traded heavily on Friday:

Okta Inc., up $6.62 to $113.22

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The cloud identity management company beat Wall Street’s first quarter financial forecasts and gave investors a solid forecast for the year.

Nutanix Inc., down $4.60 to $28.07

The cloud computing services company issued a weaker-than-expected profit and revenue forecast for the current quarter.

The Gap Inc., down $1.92 to $18.68

The clothing and apparel retailer’s first quarter financial results fell short of Wall Street forecasts and it slashed its profit forecast for the year.

Williams-Sonoma Inc., up $6.91 to $58.50

The seller of cookware and home furnishings beat first quarter financial forecasts and raised its profit guidance for the year.

General Motors Co., down $1.48 to $33.34

The automaker and its peers could see costs for importing cars from Mexico to the U.S. increase with new tariffs.

Tivo Corp., up 44 cents to $7.20

The digital video recording company named a new CEO and raised its revenue forecast for the year.

Kansas City Southern, down $5.39 to $113.28

The railroad operates a commercial corridor of the Mexican railroad system and gets almost half its revenue from Mexico each year.

Dell Technologies Inc., down $6.86 to $59.55

The computer maker’s first quarter revenue fell short of Wall Street forecasts.

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