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Marvell Technology, IREN, Rubrik, Affirm Holdings and Strategy: Why These 5 Stocks Are on Investors' Radars Today

benzinga_article
Aug 28, 2026 at 01:46 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

On Aug 27, 2026, US indices rose. Marvell (MRVL) beat Q2 estimates but fell after-hours on guidance. IREN missed revenue but saw stock drop post-close. Rubrik (RBRK) surged on strong Q2 results and raised outlook. Affirm (AFRM) beat Q4 revenue and GMV estimates, rising after-hours. Strategy (MSTR) jumped as Bitcoin broke $80k; Bernstein cut price target to $350.

Major U.S. indices ended Thursday higher, with the Dow Jones Industrial Average gaining 0.2% to 53,569.44, the S&P 500 rising 0.72% to 7,730.99 and the Nasdaq climbing 1.57% to 26,541.35.

These are the top stocks that gained the attention of retail traders and investors through the day:

Marvell Technology Inc. (NASDAQ:MRVL)

Marvell Technology’s stock declined by 1.49%, closing at $241.45. The stock reached an intraday high of $254.60 and a low of $240.38, with a 52-week range of $61.44 to $329.88. In the after-hours session, the stock fell 7.8% to $222.62.

Marvell reported second-quarter revenue of $2.74 billion and adjusted EPS of 94 cents, topping analyst estimates of $2.71 billion and 92 cents, respectively, with revenue up 37% year over year. The company issued stronger-than-expected third-quarter guidance, forecasting revenue of $3.15 billion and adjusted EPS of $1.10, though shares fell nearly 3% after hours.

Read Also: Jensen Huang Has a Message for NVDA Bears Betting on Open Models: 'Both Closed and Open Models Are Going to Succeed'

IREN Ltd. (NASDAQ:IREN)

IREN Ltd. saw a 2.40% increase in its stock price, closing at $40.53. The stock’s intraday high was $41.52, with a low of $40.31, and it has a 52-week range of $22.63 to $76.87. The stock fell 8.45% to $37.11 in extended trading.

IREN reported fourth-quarter revenue of $137.2 million, down from $187.3 million a year earlier and 3.6% below the $142.32 million analyst estimate. The company said it had $4 billion in contracted ARR for 2026 capacity, with $1 billion already operating, while noting that most of its 2026 capacity was sold out.

Rubrik Inc. (NYSE:RBRK)

Rubrik’s stock surged by 11.33%, closing at $107.02. The stock hit an intraday high of $107.91 and a low of $101.50, with a 52-week range of $42.25 to $107.91. In after-hours trading, the stock fell 7.01% to $99.52.

Rubrik reported second-quarter revenue of $427.26 million and adjusted EPS of 22 cents, beating analyst estimates of $396.28 million and four cents, respectively. The company also raised its fiscal 2027 outlook, forecasting revenue of $1.685 billion-$1.693 billion and adjusted EPS of 47-53 cents, well above Wall Street estimates.

Affirm Holdings Inc. (NASDAQ:AFRM)

Affirm Holdings’ stock rose by 1.35%, ending the day at $77.49. The stock’s intraday high was $78.21, with a low of $75.41, and it has a 52-week range of $42.1 to $100. The shares shot up 9.7% to $85.01 in the after-hours session.

Affirm reported fourth-quarter revenue of $1.17 billion, up from $876.42 million a year earlier and above the $1.11 billion analyst estimate, while GMV rose 35% year over year to $11.6 billion. The company also forecast first-quarter revenue of $1.19 billion-$1.22 billion, topping Wall Street’s $1.16 billion estimate.

Strategy Inc. (NASDAQ:MSTR)

Strategy Inc.’s stock jumped by 11.54%, closing at $137.40. The stock reached an intraday high of $139.78 and a low of $124.46, with a 52-week range of $81.81 to $365.21. The stock gained 1.21% to $139.06 in after-hours trading.

Strategy shares jumped 11.81% to $137.73 Thursday as Bitcoin (CRYPTO: BTC) broke above $80,000, with investors using the company’s large Bitcoin holdings as a leveraged proxy for the cryptocurrency. Bernstein maintained an Outperform rating but cut its price target to $350 from $450, while setting a $500,000 bull-case target for Bitcoin by 2029.

Benzinga Edge Stock Rankings indicate Marvell stock has a Momentum score in the 98th percentile and a Value score in the 1st percentile.

Read Also: Bitcoin's 'Fringe Phase' is Over, Declares This Front-Page Advertisement: Nonprofit's Campaign Aims to Educate Americans

Photo: Joshua Gesterkamp / Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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