Finance

Stocks making the biggest moves after hours: Snap, Amazon, Ford and more

Products You May Like

In this article

The Amazon logo displayed on a smartphone and a PC screen.
Pavlo Gonchar | LightRocket via Getty Images

Check out the companies making headlines after the bell

Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported its investment in electric vehicle company Rivian gained almost $12 billion in the fourth quarter. Amazon also announced it would increase the price of Prime by nearly 17%. Amazon Web Services also delivered almost 40% year-over-year growth in the fourth quarter, beating Wall Street estimates.

Ford Motor — Ford fell 3.9% in extended trading after a weaker-than-expected quarterly report. The automaker posted earnings of 26 cents per share on revenue of $35.3 billion. Analysts were looking for a profit of 45 cents per share on revenue of $35.52 billion, according to Refinitv.

Snap — Snap shares rocketed more than 54% in after-hours trading after the social media company reported its first-ever quarterly net profit. The company posted adjusted profit of 22 cents per share compared with the Refinitiv consensus of 10 cents per share.

Pinterest — Pinterest jumped 27.7% after hours following a better-than-expected quarterly report. The social media platform posted earnings of 49 cents per share, 4 cents above the Refinitv consensus estimate. Revenue also topped expectations on the Street.

Clorox — Shares of Clorox dropped 8.4% after an earnings miss. The consumer products company posted a profit of 66 cents per share, versus the Refinitiv consensus of 18 cents per share. Clorox also issued fiscal year earnings-per-share outlook below estimates.

Products You May Like

Articles You May Like

What travelers need to know about Spirit Airlines’ bankruptcy
Weekly mortgage demand inched up, despite higher interest rates. Here’s why
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Gen Z, millennial retail investors are tapping into ETFs, report finds. Here are things to watch out for, expert say
The founder of the biggest gold ETF is still bullish 20 years later

Leave a Reply

Your email address will not be published. Required fields are marked *