A banner for Snowflake is displayed on its IPO day on the New York Inventory Change on September 16, 2020. It was the most important software program IPO in historical past and was certainly one of eight CNBC 2020 Disruptor 50 corporations to go public, and extra Disruptor offers are coming quickly.
Brendan McDermid | Reuters
Try the businesses making headlines after the bell:
Snowflake — Shares of the data-analytics software program firm fell greater than 5% in prolonged buying and selling after the agency reported widening losses. Snowflake’s internet loss swelled to $203.2 million within the fiscal first quarter from $93.6 million a 12 months in the past. Its income got here in at $228.9 million, versus expectations of $212.9 million, in line with Refinitiv.
Nvidia — The chip large noticed its shares dip barely even after a blowout quarterly report. Nvidia’s earnings and gross sales for the primary quarter each beat Wall Road expectations, with income rising 88% in comparison with final 12 months. The inventory has rallied 20% this 12 months.
AMC Leisure — Shares of the movie show chain gained one other 2% in prolonged buying and selling after a close to 20% rally on Wednesday. The Reddit-favored inventory has rallied greater than 60% this week alone as speculative buying and selling habits ramped up once more. The transfer after hours adopted an improve from CFRA to carry from promote.
Williams-Sonoma — Shares of the house furnishings retailer climbed 3% in prolonged buying and selling after the corporate reported better-than-expected earnings and income for the primary quarter. Williams-Sonoma reported earnings of $2.93 per share, nicely forward of an estimate of $1.83 per share, in line with Refinitiv.
Workday — The software program inventory fell barely even after the corporate beat expectations for its quarterly earnings and gross sales. Its first-quarter earnings got here in at 87 cents per share, in comparison with the 73 cents analysts had been anticipating, in line with Refinitiv.
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