Skip to content
Trending
October 15, 2022Consumer spending was flat in September and below expectations as inflation takes toll April 5, 2023Job openings tumbled below 10 million in February for the first time in nearly two years April 17, 2022American Airlines’ new CEO vows reliability as massive peak travel season kicks off February 20, 2022Roku drops sharply on disappointing revenue and guidance February 17, 2023When Will The Crypto Bull Market Return? Bitcoin’s Recent Rally Is Good News For Gaming Hub Metacade May 21, 2023Alibaba plans to list cloud division as quarterly revenue misses expectations December 16, 2021Stocks making the biggest moves premarket: Delta Air Lines, Accenture, Regeneron and others March 17, 2022Warby Parker offers weak outlook, reports loss from holiday quarter May 16, 2022Stock futures rise ahead of a big week of retail earnings May 17, 2023Home Depot posts worst revenue miss in about 20 years, lowers forecast as consumers delay big projects
  Sunday 4 June 2023
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Finance  Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
Finance

Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more

AdminAdmin—February 8, 20230

Barbie dolls in the Mattel display at the annual Toy Fair in New York.

Stan Honda | AFP | Getty Images

Check out the companies making headlines in extended trading.

More stories

Dogecoin jumps more than 30% after Musk changes Twitter logo to image of shiba inu

April 4, 2023

Tesla hedging: New ETF gears up to attract hesitant investors

August 15, 2022

U.S. banks close record number of retail branches in 2021, Wells Fargo shutters most

January 21, 2022

Stocks making the biggest moves in the premarket: Zynga, Lululemon, Apria and more

January 10, 2022

Disney — Shares of the entertainment company rose more than 6% after the company released its fiscal first-quarter earnings report. Disney reported a smaller-than-expected drop in subscribers, as well as a beat on the top and bottom lines. CEO Bob Iger, who returned to the company in November, also announced Disney would be slashing 7,000 jobs as part of a cost-cutting and reorganization plan.

Mattel — Shares tumbled 10% after the company said shoppers bought fewer toys this holiday season as higher prices for food and other necessities led to tighter budgets. Fourth-quarter sales fell 22% from the prior year. Revenue and earnings were both below analysts’ estimates, according to Refinitiv.

Robinhood — Shares rose 5% after Robinhood missed revenue expectations in its latest earnings report. The firm reported $380 million in revenue, lower than forecasts of $397 million, according to consensus estimates from Refinitiv. In addition, Robinhood said it would buy back Sam Bankman-Fried’s stake in the company. FTX’s Bankman-Fried disclosed in May that he purchased a 7.6% stake in Robinhood.

Affirm — The buy now, pay later finance company slumped about 17% in extended trading as fiscal second-quarter earnings and revenue missed analysts’ estimates, according to Refinitiv. CEO and founder Max Levchin also announced layoffs equal to 19% of the workforce effective immediately.

Ceridian — The software company got a 6.5% boost in its shares in extended trading after it posted earnings, excluding items, that almost doubled analysts’ expectations and reported better-than-expected revenue, according to FactSet. Guidance for the first quarter also came in more upbeat than analysts’ forecast.

Lincoln National — The life insurance company slipped 2.5% in after-hours trading after it issued fourth-quarter results that came below Wall Street’s expectations. Lincoln National posted earnings of 97 cents per share on revenue of $4.2 billion. Analysts called for per-share earnings of $1.83 on revenue of $4.59 billion, according to FactSet.

Wynn Resorts — The hotel and casino operator’s shares rose 3%. Although the company reported $1 billion in revenue for the latest quarter, compared to analysts’ expectations of $958 million, according to Refinitiv. It also reported an adjusted loss of $1.23 per share.

MGM Resorts — Shares of the casino stock ticked up 2%. MGM beat analysts’ estimates on fourth-quarter revenue, posting $3.59 billion compared to the $3.35 billion expected by Wall Street, according to Refinitiv. However, the company posted a wider-than-expected loss of $1.53 per share, versus the $1.36 loss per share predicted by analysts.

— CNBC’s Darla Mercado, Christina Cheddar-Berk, Scott Schnipper, Hakyung Kim and Sarah Min contributed reporting.

Advertisement
Disney beats expectations as streaming subscriber losses aren’t as bad as feared
General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor production
Related posts
  • Related posts
  • More from author
Finance

Crypto bill from Republicans lays out clear roles for SEC and CFTC

June 3, 20230
Finance

Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more

June 2, 20230
Finance

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

June 1, 20230
Load more
Read also
Finance

Crypto bill from Republicans lays out clear roles for SEC and CFTC

June 3, 20230
Economy

Unemployment dropped among Hispanic men and women in May but rose for Black workers

June 3, 20230
Earnings

MongoDB shares jump more than 20% after database company beats expectations and raises guidance

June 3, 20230
Business

Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores

June 3, 20230
Finance

Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more

June 2, 20230
Economy

Here’s what to watch out for in Friday’s jobs report for May

June 2, 20230
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions