Stocks creating the biggest moves just after several hours: Palo Alto Networks, Coinbase, Toll Brothers and additional

Stocks creating the biggest moves just after several hours: Palo Alto Networks, Coinbase, Toll Brothers and additional


In this article

  • TOL
  • CZR
  • PANW
  • COIN
  • CSGP
Signage exterior Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, Might 13, 2021.
David Paul Morris | Bloomberg | Getty Images

Check out the companies generating headlines right after the bell

Palo Alto Networks — Shares of the software stock popped more than 7% right after earnings and profits for the the latest quarter surpassed Wall Street’s anticipations, according to Refinitiv. Palo Alto Network’s earnings steering for its fiscal 3rd quarter also arrived in previously mentioned consensus expectations.

Coinbase — Shares of the crypto investing system have been very last up 3%. The organization beat analysts’ expectations on the best and bottom traces, in accordance to Refinitiv.

Toll Brothers — The homebuilding stock added 2% in extended investing subsequent a greater-than-predicted earnings report. The business also explained it has noticed a increase in need considering the fact that the get started of 2023.

Caesars Leisure — The casino giant’s shares slipped 1% soon after the corporation posted a net decline on a GAAP foundation of $148 million in the fourth quarter. In the calendar year-back interval, Caesars claimed a web loss of $434 million.

Camping Environment — Camping Environment shares fell 2% immediately after the bell. The leisure vehicle retailer claimed a loss of 20 cents a share for the fourth quarter, excluding goods. Analysts forecasted earnings of 2 cents for every share, in accordance to FactSet.

CoStar Group — The industrial true estate inventory plummeted approximately 15% immediately after sharing direction for the current quarter that fell short of estimates, in accordance to StreetAccount. The go in shares came despite a fourth-quarter beat on both of those the best and base traces.

Transocean — Shares of the offshore drilling firm fell 2.9% in prolonged trading just after it posted a fourth quarter decline that was much larger than analysts predicted, according to FactSet.

La-Z-Boy — The home furnishings inventory included 6% in extended buying and selling just after topping analysts’ estimates for earnings and revenue in the recent quarter, in accordance to FactSet. La-Z-Boy posted altered earnings of 91 cents a share, excluding goods, on $572.7 million in revenue.

Hostess Brand names — Shares of the maker of Twinkies attained a lot more than 1%. Hostess Brand names topped Wall Street’s revenue and earnings anticipations for the fourth quarter, in accordance to FactSet.

— CNBC’s Darla Mercado contributed reporting



Supply

Fed considering changes to what constitutes a ‘well-managed’ bank
Finance

Fed considering changes to what constitutes a ‘well-managed’ bank

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation, in Washington, D.C., on Jan. 26, 2022. Joshua Roberts | Reuters The Federal Reserve is taking another step toward easing regulation for big financial institutions, this time […]

Read More
Stocks making the biggest moves midday: MP Materials, Delta Air Lines, WK Kellogg, Hertz & more
Finance

Stocks making the biggest moves midday: MP Materials, Delta Air Lines, WK Kellogg, Hertz & more

Check out the companies making the biggest moves midday: MP Materials — The rare earth miner soared more than 47% after the company announced the Defense Department would buy $400 million in preferred stock . “We remain a thriving public company. We now have a great new partner in our economically largest shareholder, DoD, but […]

Read More
‘YOLO’-buying EVs: As ,500 tax credit ends, consumers may rush to cash in. Here’s how to get a good deal
Finance

‘YOLO’-buying EVs: As $7,500 tax credit ends, consumers may rush to cash in. Here’s how to get a good deal

Key Points President Donald Trump’s so-called “big beautiful bill” ends federal EV tax credits after Sept. 30. Consumers may rush to buy or lease an electric vehicle before that deadline to get a tax break. Tesla said now is the time to “YOLO” purchase an EV, referencing the fast-approaching deadline. Source

Read More