Finance

Stocks making the biggest moves after hours: KB Home, Spotify and more

New Home Construction by KB Home in California
Bloomberg | Getty Images

Check out the stocks making headlines in extended trading on Wednesday.

KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company reported $1.4 billion in revenues, missing consensus estimates of $1.5 billion.

GameStop — The meme stock dipped 1.1% after hours. The video game retailer’s stock price soared during the regular trading session, following Tuesday’s report that GameStop Chair Ryan Cohen on Tuesday bought an additional 100,000 shares. Cohen expanded his stake to 11.9% in the video game retailer.

Spotify — Shares for the streaming company popped 6% following reports that Google will reduce app commission fees for Android developers, starting with Spotify.

Products You May Like

Articles You May Like

Activist Meister eyes up another possible conglomerate break-up to unlock value
Lowe’s reports mixed second-quarter results, citing shortened spring that hurt sales
Here are the top 10 colleges for financial aid. Ruling out pricey schools is a ‘tragically flawed’ strategy, says Princeton Review editor
The Inflation Reduction Act caps costs for Medicare patients on insulin. Where the push for broader relief stands
Tencent, the $370 billion Chinese tech giant, posts first ever revenue decline

Leave a Reply

Your email address will not be published.