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Stocks making the biggest moves after hours: Nordstrom, Autodesk and more

admin by admin
November 27, 2022
in Investment


A Nordstrom store in Irvine, California.

Scott Mlyn | CNBC

Check out the companies making headlines after hours.

Nordstrom — Shares fell 9% after the department store reaffirmed its full-year forecast. Nordstrom’s latest results beat profit and sales expectations, according to consensus expectations on Refinitiv.

HP — Shares rose 2% after HP surpassed expectations on the top and bottom lines in its latest quarter, and announced it’s laying off 4,000 to 6,000 employees globally over the next three years.

Autodesk — The stock dropped 9% after the software company issued fourth-quarter revenue guidance that missed expectations, even as Autodesk reported quarterly results that came in line with forecasts.

VMware — Shares fell 1% after the cloud computing company missed profit and sales expectations in its most recent quarter. According to Refinitiv, the company was expected to earn $1.58 per share on revenue of $3.35 billion. Instead, VMWare earned $1.47 per share, after adjustments, on revenue of $3.21 billion.

Correction: This story was corrected to reflect that Nordstrom reaffirmed its guidance.



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Tags: Autodesk IncBreaking News: Marketsbusinessbusiness newsEarningsEconomyHP IncMarket InsidermarketsNordstrom IncStock marketsVMware Inc
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