Business

Stocks with the biggest volatility after hours: Coinbase, Roblox and more


In this illustration, the Coinbase logo is displayed on a smartphone screen.

Rafael Henrique | SOPA images | Lightrocket | beautiful pictures

Check out the companies that make headlines in after-hours trading.

Coinbase – Coinbase fell over 3.5% in after-hours trading quarterly earnings report. The company missed analysts’ expectations for both revenue and earnings, in part due to the “crypto winter” seen in the second quarter.

Roblox – Roblox drops nearly 14% after-market on the Tuesday after the company’s quarter earnings were below Wall Street expectations. Roblox reported a loss of 30 cents per share and $639.9 million in revenue, compared with analyst estimates of a 21-cent loss on $644.4 million in revenue. Additionally, Roblox reported 52.2 million daily active users for the quarter, less than Wall Street expected and down from the first quarter.

Beach Hotels in Wynn – Wynn Resorts shares slid more than 2.5% late Tuesday after the gaming company missed Wall Street estimates for revenue. Wynn reported a loss of 82 cents per share and revenue of $908.83 million, compared with analyst estimates for a loss of $1.11 and revenue of $980.85 million.

Unity software – Unity Software fell nearly 3% after the closing bell after disappointing quarterly earnings fell short of Wall Street expectations. Unity reported $297 million in revenue and a 69% loss per share, compared with $299 million in revenue expectations and a 21% loss.

Sweetgreen – Shares of the salad company lost more than 20% in the following trading session next Tuesday it downgraded its full-year outlook, said it would lay off 5% of its workforce and downgrade office space. The company met earnings expectations, reporting 36 cents per share, but fell short on revenue, reporting $124.9 million versus $130.2 million expected.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button