On this episode of Stock Movers:
- Macy's (M) shares are on the move after it lifted its sales outlook for the year, a sign that the company’s focus on growing its luxury business and improving its assortment is paying off. 
- Palo Alto (PANW) shares are dropping as the security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations.
- GameStop (GME) shares are climbing after the video-game retailer reported a record quarterly profit driven by its collectibles business. Sales overall climbed 14% to $835.3 million. Net income of $389.6 million was the highest ever for a quarter in the company’s history, GameStop said in a regulatory filing Tuesday.
- Gitlab (GTLB) shares are declining as Barclays said the software company’s outlook raised questions about future upside. The company also said it is cutting about 14% of its workforce and exiting 22 countries as part of a restructuring.
- Marvell Technologies (MRVL) continue to surge the most in 26 years after Nvidia Corp.’s Jensen Huang predicted that the semiconductor and networking company would be the next business to hit a $1 trillion valuation.

On this episode of Stock Movers: - Macy's (M) shares are on the move after it lifted its sales outlook for the year, a sign that the company&rsquo;s focus on growing its luxury business and improving its assortment is paying off. - Palo Alto (PANW) shares are dropping as the security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations. - GameStop (GME) shares are climbing after the video-game retailer reported a record quarterly profit driven by its collectibles business. Sales overall climbed 14% to $835.3 million. Net income of $389.6 million was the highest ever for a quarter in the company&rsquo;s history, GameStop said in a regulatory filing Tuesday. - Gitlab (GTLB) shares are declining as Barclays said the software company&rsquo;s outlook raised questions about future upside. The company also said it is cutting about 14% of its workforce and exiting 22 countries as part of a restructuring. - Marvell Technologies (MRVL) continue to surge the most in 26 years after Nvidia Corp.&rsquo;s Jensen Huang predicted that the semiconductor and networking company would be the next business to hit a $1 trillion valuation.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Macy's Reports; Palo Alto Drops; GameStop Historic Profit

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