Finance

Stocks making the biggest moves after hours: Roku, Shake Shack, Sunrun & more

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013.
Patrick T. Fallon | Bloomberg via Getty Images

Check out the companies making headlines after the bell

Roku — Shares of video-streaming company dropped 12% in extended trading after the firm’s fourth-quarter revenue missed expectations. Roku reported revenue of $865 million last quarter, versus $894 million as expected by analysts, according to Refinitiv. The company also issued first-quarter revenue guidance below consensus.

Shake Shack — The fast food chain saw its shares plunge 10% in after-hours trading after the company forecast quarterly revenue below estimates, as the Omicron variant led to labor shortages and store closures.

Sunrun — Shares of the clean energy company fell 3% in extended trading after a wider-than-expected quarter loss. Sunrun posted a quarterly loss of 19 cents per share, more than the 4 cents per share estimate, according to Refinitiv.

Dropbox — Shares of the cloud company dipped 1% in after-hours trading even after a better-than-expected quarterly report. Dropbox reported earnings of 32 cents per share in the fiscal fourth-quarter, exceeding Wall Street analysts’ forecasts. The company also announced a repurchase of an additional $1.2 billion of its Class A common stock.

Products You May Like

Articles You May Like

Retirees may be focusing on the wrong risks to financial security, due to ‘exaggerated assessments of market volatility’
It Would Be a Mistake to Resurrect Corporate Alternative Minimum Tax
Stocks making the biggest moves premarket: Expedia, Block, Lyft and more
From luxury city escapes to vacation rentals: These are Europe’s best destinations to buy a second home
Why Grammy award-winning rapper Macklemore is making clothes for the golf course

Leave a Reply

Your email address will not be published.