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Stocks moving big after hours: LEN, FRC, WAL, FRPT

admin by admin
March 15, 2023
in Investment


Newly constructed houses built by Lennar Corp are pictured in Leucadia, California March 18, 2015.

Mike Blake | Reuters

Check out the companies making headlines after the bell: 

Lennar — The homebuilding stock gained about 2% in extended trading. Lennar beat analysts’ earnings and revenue expectations for the recent quarter, according to Refinitiv. The company posted earnings of $2.06 a share on revenue of $6.49 billion.

First Republic — Shares of the regional bank stock were on the move once again after the bell, last up 12%. Other bank names Western Alliance and KeyCorp also rose, gaining about 10% and 3.5%, respectively.

Guess? — The retail stock lost more than 7% after posting disappointing guidance for the first quarter and full year, according to FactSet.

Freshpet — Freshpet shares shed 11% after the bell as the pet food company announced a $350 million offering of convertible senior notes.

Atlas Air Worldwide — The air shipping stock added 3% on news that it has met regulatory requirements to close its acquisition by Rand Parent, a company that’s affiliated with funds that are managed by affiliates of Apollo Global Management and other parties.



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Tags: Apollo Global Management IncAtlas Air Worldwide Holdings IncBreaking News: Marketsbusiness newsEarningsFirst Republic BankFreshpet Inc.GUESS? IncKeyCorpLennar CorpMarket InsidermarketsPacWest BancorpWall StreetWestern Alliance Bancorp
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