Check out the companies making headlines in after-hours trading: Health-care stocks — Shares of Humana , CVS Health and UnitedHealth jumped after The Wall Street Journal reported that the Trump administration will raise payment rates for Medicare insurers next year to 5.06%, higher than the 2.23% increase the Biden administration had proposed. Humana gained more than 13%, while CVS Health and UnitedHealth advanced more than 7% and about 6%, respectively. Levi Strauss — The clothing stock rose more than 1% after the company reported its first-quarter results . Levi Strauss reported adjusted earnings of 38 cents per share, a 52% jump compared to the prior-year period. Revenue of $1.53 billion for the period also marked a 3% jump compared to last year. Greenbrier — Shares of the railcar manufacturer fell 4% on the back of the company dialing back its revenue guidance for the full year. Greenbrier now sees revenue ranging from $3.15 billion to $3.35 billion, compared to previous guidance of $3.35 billion to $3.65 billion. Dave & Buster’s — Shares of the owner and operator of entertainment and dining venues climbed nearly 2% on the heels of its fourth-quarter adjusted earnings, which came in at 69 cents per share. That is above the 67 cents per share that analysts polled by FactSet were expecting. Revenue, however, came in weaker than anticipated, with the company posting $534.5 million for the quarter versus the consensus estimate of $544.7 million. Broadcom — The semiconductor stock moved more than 2% higher following the company’s authorization of a new $10 billion share repurchase program , effective through Dec. 31.
An exterior view of a CVS pharmacy in Danville, Pennsylvania.
Paul Weaver | Lightrocket | Getty Images
Check out the companies making headlines in after-hours trading:
Health-care stocks — Shares of Humana, CVS Health and UnitedHealth jumped after The Wall Street Journal reported that the Trump administration will raise payment rates for Medicare insurers next year to 5.06%, higher than the 2.23% increase the Biden administration had proposed. Humana gained more than 13%, while CVS Health and UnitedHealth advanced more than 7% and about 6%, respectively.
Levi Strauss — The clothing stock rose more than 1% after the company reported its first-quarter results. Levi Strauss reported adjusted earnings of 38 cents per share, a 52% jump compared to the prior-year period. Revenue of $1.53 billion for the period also marked a 3% jump compared to last year.
Greenbrier — Shares of the railcar manufacturer fell 4% on the back of the company dialing back its revenue guidance for the full year. Greenbrier now sees revenue ranging from $3.15 billion to $3.35 billion, compared to previous guidance of $3.35 billion to $3.65 billion.
Dave & Buster’s — Shares of the owner and operator of entertainment and dining venues climbed nearly 2% on the heels of its fourth-quarter adjusted earnings, which came in at 69 cents per share. That is above the 67 cents per share that analysts polled by FactSet were expecting. Revenue, however, came in weaker than anticipated, with the company posting $534.5 million for the quarter versus the consensus estimate of $544.7 million.
Broadcom — The semiconductor stock moved more than 2% higher following the company’s authorization of a new $10 billion share repurchase program, effective through Dec. 31.
Check out the companies making headlines in after-hours trading. MongoDB — Shares of the developer data platform company popped more than 21% after MongoDB topped Wall Street’s expectations. The company reported adjusted earnings of $1 per share on revenue of $591 million, beating earnings estimates of 66 cents per share on revenue of $556 million, […]
Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]
Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of […]
