Lululemon stock stretches higher but SentinelOne plummets by a third, and other big movers

Shares of Lululemon Athletica Inc.
LULU,
-1.08%
rallied nearly 15% after the retailer forecast full-year sales and profit above expectations and as strong gains in China’s reopened economy helped boost first-quarter results.

Five Below Inc. 
FIVE,
-1.84%
rose nearly 6% after the teen-and-tween-focused discount retailer raised the low end of its full-year revenue and profit forecasts.

Stock decliners:

SentinelOne Inc.
S,
-3.09%
shares plummeted more than 30% after executives cut their annual forecast and announced layoffs as corporate customers use the security company’s software less and take longer to sign new deals.

PagerDuty Inc.’s stock
PD,
+1.98%
tanked 12% after the cloud-computing company reduced its annual revenue guidance.

Shares of ChargePoint Holdings Inc.
CHPT,
+0.83%
dropped nearly 4% after the EV charging network guided for a lower-than-expected fiscal second-quarter revenue.

Shares of Tilly’s Inc. 
TLYS,
-5.38%
sank 14.5% after the West-Coast-themed clothing and accessories retailer forecast a steeper second-quarter loss than expected, saying that rising prices continued “to have a detrimental impact on our pre-teen, teen, and young adult customer demographic.”

Shares of Guidewire Software Inc.
GWRE,
-0.17%
fell 7% after the insurance-software company missed on revenue, and offered a weak outlook.

Dell Technologies Inc.’s stock
DELL,
+1.45%
ended Wednesday’s session higher after an early release of an earnings beat, but are nearly 3% lower in Friday’s premarket action following guidance that came up short of Wall Street’s expectations.

Broadcom Inc. shares
AVGO,
-2.23%
flipped between gains and losses in the extended session Thursday and were last down 2% in Friday’s premarket after the chip and software company said generative AI will likely make up more than 25% of chip sales by 2024 , and analysts questioned the estimate.