Stocks to Watch This Friday: RH, 51Talk Online Education and Broadcom

As U.S. stock futures show mixed signals this morning, some companies are poised to capture investor interest today. Here’s a closer look at three notable stocks:

• RH - Recently, RH reported disappointing earnings and sales figures for its third quarter. Despite these setbacks, the company has increased its revenue guidance for the coming period due to positive current trends. RH anticipates fourth-quarter demand growth between 20% and 22%, with revenue growth projected at 18% to 20%, as noted by data from Benzinga Pro. As a result, RH's share price surged by 17.7% in after-hours trading, reaching $448.70.
• 51Talk Online Education Group - Market analysts are eagerly waiting for 51Talk to release its unaudited financial results for the third quarter ending September 30. This announcement is expected before the market opens. Following the anticipation, shares of 51Talk saw a decline of 2.9%, trading at $17.00 in after-hours sessions.
• Broadcom Inc - In contrast, Broadcom's earnings report for its fourth quarter exceeded expectations. The company projected first-quarter revenue around $14.6 billion, slightly below the $14.612 billion analysts had estimated. Moreover, Broadcom provided guidance for an adjusted EBITDA at about 66% of anticipated revenue for the first quarter. Following this positive news, Broadcom's stock rose by 14.1%, with shares reaching $206.10 in after-hours trading.

Additionally, here are updates on a couple more companies:

• Inovio Pharmaceuticals, Inc. - Inovio announced plans for a proposed public offering, resulting in a significant drop in shares, which fell 21% to $2.9696 during after-hours trading.
• Costco Wholesale Corporation - Costco delivered encouraging results for its first quarter, reporting revenue of $62.15 billion, surpassing analyst expectations of $62.08 billion. However, despite the strong performance, Costco’s shares edged down by 0.6%, closing at $988.39.

As the market continues to evolve, investors are encouraged to monitor these developments closely.

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