Stocks making the biggest moves after hours: Pinterest, Simon Property Group, Avis Budget and more

Stocks making the biggest moves after hours: Pinterest, Simon Property Group, Avis Budget and more


Check out the companies making headlines after the bell

Pinterest — Shares of the image-sharing company popped more than 19% despite a miss on the top and bottom lines as activist investor Elliott Management revealed it is now the largest investor. The company also beat monthly active user estimates.

Simon Property Group — Simon Property’s stock rose more than 1% in extended training despite a revenue miss. The REIT beat earnings estimates by 8 cents and shared earnings guidance for the full year that topped expectations.

Arista Networks — The cloud computing stock added 4.6% after hours following a beat on the top and bottom lines in the latest quarter. Arista Networks reported adjusted earnings of $1.08 per share on revenues of $1.05 billion and posted strong revenue guidance for the current quarter.

Avis Budget — The rental vehicle company gained 6% in extended trading on the back of a better-than-expected quarter. Avis Budget posted adjusted earnings per share of $15.94 per share on $3.24 billion in revenue. Analysts anticipated earnings of $11.48 a share on revenue of $3.17 billion.

ZoomInfo — Shares of ZoomInfo jumped 12% postmarket after topping earnings and revenue estimates for the most recent quarter. The company reported adjusted earnings of 21 cents per share on $267 million in revenue and lifted its guidance for the full year.



Source

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Intuit and more
Finance

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Intuit and more

Check out the companies making headlines in midday trading. Elastic – Shares surged about 15% after the software company topped Wall Street’s expectations for its fiscal second-quarter results. Elastic posted adjusted earnings of 59 cents per share on revenue of $365 million. Meanwhile, analysts surveyed by LSEG expected it to earn 38 cents per share […]

Read More
‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis
Finance

‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis

Key Points Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse. Customers believed the accounts were backed by the full faith and credit of the U.S. government. CNBC spoke to a dozen customers caught in the predicament, people who have lost sums ranging […]

Read More
Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more
Finance

Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more

Check out the companies making headlines in premarket trading. Intuit — Stock in the financial software firm pulled back about 3% after its earnings guidance for the current quarter missed analyst estimates. Intuit forecast second-quarter earnings of $2.55 to $2.61 per share, while analysts polled by FactSet were looking for a profit of $3.25 per […]

Read More