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

Stock Market

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

Price analysis 2/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, AVAX
Superchain will reach 80% of Ethereum L2 transactions in 2025 — Optimism exec
The US is now the enemy of the west
More traders turn bullish in first quarter even as market shows signs of fatigue, Schwab survey says
2025 is a renter’s market, experts say — but less so for this kind of property

Leave a Reply

Your email address will not be published.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