Stock News Hubb
Advertisement Banner
  • Home
  • Stock Market & Insights
  • Investment
  • Contact
No Result
View All Result
  • Home
  • Stock Market & Insights
  • Investment
  • Contact
No Result
View All Result
No Result
View All Result
Home Investment

Stocks moving big after hours: PINS, CHGG, TTWO

admin by admin
February 6, 2023
in Investment


Andrew Harrer | Bloomberg | Getty Images

Check out the companies making headlines after the bell: 

Pinterest — The social media stock shed more than 7% after revenue for the recent quarter fell short of analysts’ expectations. Pinterest also shared guidance for the first quarter that was lighter than expected and said it expects sales to increase by “low single digits” versus the 6.9% growth rate expected by analysts.

Chegg — Chegg shares sank 20% in extended trading after sharing weaker-than-expected first-quarter and full-year revenue guidance, according to Refinitiv. The company cited economic uncertainties and subscriber growth concerns.

Skyworks Solutions — The semiconductor stock gained 3% in extended trading after announcing a $2 billion share buyback program. It came despite an earnings miss and light guidance for the current quarter.

Take-Two Interactive – The video game company saw its shares fall 0.5% after it posted quarterly revenue that came in below Wall Street’s expectations. Take-Two posted revenue of $1.38 billion, compared to estimates of $1.46 billion, according to Refinitiv.

ZoomInfo – Shares of the software company dipped about 5% after hours following the company’s quarterly results for the latest period. ZoomInfo reported better-than-expected earnings and revenue, according to FactSet. However, the company’s revenue outlook for the first quarter and full year were lower than what analysts expected

Spirit Airlines — The airline stock rose 3% during extended trading after sharing stronger-than-expected fourth-quarter earnings. Spirit Airlines reported per-share earnings of 12 cents, excluding items. Analysts surveyed by FactSet had anticipated earnings of 3 cents a share.

Leggett & Platt — Shares of Leggett & Platt fell more than 5% in extended trading after fourth-quarter earnings came in below analysts’ expectations, according to FactSet. Full-year per-share earnings guidance for the home and automobile products manufacturer also fell short of analysts’ expectations.

— CNBC’s Tanaya Macheel and Darla Mercado contributed reporting



Source link

Tags: Breaking News: Marketsbusiness newsChegg IncEarningsLeggett & Platt IncMarket InsidermarketsPinterest IncSkyworks Solutions IncSpirit Airlines IncTake-Two Interactive Software IncWall StreetZoomInfo Technologies Inc
Previous Post

If This is a Bull Market, The Dip Buyers Will Reappear | Top Advisors Corner

Next Post

Better Buy: Shopify Stock vs. Aritzia

Next Post

Better Buy: Shopify Stock vs. Aritzia

Recommended

GNG TV: Intermarket Forces Assist Equity Rally | GoNoGo Charts

4 months ago

Fed Raises Rates: Stock and Bond Markets Fall on Uncertainty | ChartWatchers

5 months ago

© Stock News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Stock Market & Insights
  • Investment
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Stock Market & Insights
  • Investment
  • Contact

© 2022 Stock News Hubb All rights reserved.