A person passes by a GameStop location on sixth Avenue in New York, March 23, 2021.
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Try the businesses making headlines in prolonged buying and selling.
GameStop — The online game retailer surged 5% after posting a rise in gross sales for its newest quarter. GameStop reported income of $1.164 billion within the second quarter, up from $1.136 billion within the year-ago interval.
American Eagle Outfitters — Inventory within the clothes retailer slipped 2.6% after American Eagle reported second-quarter outcomes. Income got here in at $1.2 billion, assembly Wall Avenue estimates, in accordance with LSEG, previously often known as Refinitiv. American Eagle’s earnings beat expectations, coming in at 25 cents per share, whereas analysts known as for 16 cents per share.
C3.ai — Shares slipped as a lot as almost 6% in prolonged buying and selling after C3.ai forecast a larger-than-expected working loss for the fiscal second quarter. The corporate is asking for an working lack of $27 million to $40 million, whereas analysts polled by StreetAccount anticipated a lack of $20.5 million. For the most recent quarter, C3.ai posted a lack of 9 cents per share, excluding objects, on income of $72.4 million, whereas analysts known as for a lack of 17 cents per share on income of $71.6 million, in accordance with LSEG.
ChargePoint Holdings — ChargePoint inventory slipped 10% after the corporate reported a fiscal second-quarter income miss. The electrical car charging infrastructure firm famous $150 million in income whereas analysts polled by LSEG forecast $153 million. ChargePoint additionally stated it might lower its world workforce by about 10%.
Verint Methods — The analytics firm shed 13% in prolonged buying and selling after lacking on earnings and income in its second quarter. Verint posted adjusted earnings of 48 cents per share, whereas analysts polled by FactSet forecast 57 cents per share. Income got here in at $210.2 million, falling in need of the estimated $57.4 million.
Dutch Bros — The drive-through espresso chain misplaced greater than 5% in after-hours buying and selling after saying a public providing of $300 million in shares of its Class A standard inventory.
— CNBC’s Ethan Kraft and Darla Mercado contributed reporting.