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

Nike shares fall as overstocked inventory weighs on earnings
Is the UK being squeezed to hide the real crisis?
How Will Buying an EV Affect My Taxes?
UK lenders halt mortgage deals to customers after market chaos
Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons

Leave a Reply

Your email address will not be published.