Stocks making the biggest moves after hours: Coinbase, Poshmark, FuboTV & more

Stock Market

In this article

Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021.
Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines in after-hours trading.

Poshmark — Shares of the retailer dipped nearly 7% in extended trading following the company’s second-quarter results. Poshmark lost four cents per share while reporting revenue of $81.8 million. Analysts surveyed by Refinitiv were expecting a six-cent loss per share and $80.3 million in revenue.

Coinbase — Coinbase shares whipsawed after the company’s second-quarter results topped expectations. The cryptocurrency exchange reported revenue of $2.23 billion, which was ahead of the $1.78 billion that analysts surveyed by Refinitiv were expecting.

ThredUp — ThredUp shares gained 7% after the company beat top-line estimates during the second quarter. ThredUp reported revenue of $60 million, compared to the $56 million analysts surveyed by Refinitiv were expecting.

FuboTV — Shares of the streaming company rose 10% following Fubo’s second-quarter results. The company reported revenue of $130.9 million. Analysts were expecting $118.3 million, according to Refinitiv.

Products You May Like

Articles You May Like

Common reserve bond funds spurring investment
November home sales surged more than expected, boosted by lower mortgage rates
Texas clears Wells Fargo after bank quits Net-Zero alliance
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
Munis sell off as macroeconomic, policy volatility weigh heavily over markets

Leave a Reply

Your email address will not be published.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