The stocks making the biggest moves after hours: Chewy, GameStop and more
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., Friday, June 14, 2019.
Michael Nagle | Bloomberg | Getty Images
Find out which companies are making headlines in extended trading.
Chewy – Shares of the pet retailer jumped nearly 20% after hours following the company’s quarterly results. Chewy posted earnings of 4 cents per share, beating analysts’ estimates of 18 cents. According to Refinitiv, revenue of $2.43 billion was slightly above estimates of $2.42 billion.
Hewlett Packard Enterprise — Shares of the cloud company fell more than 6% after the company reported quarterly earnings of 44 cents per share, which missed analysts’ estimates of 1 cent per share, according to Refinitiv. Revenue for the quarter also showed a slight decline, amounting to $6.71 billion, against estimates of $6.78 billion.
MongoDB – The database platform rose 5% in shares after reporting earnings of 20 cents per share, which beat Wall Street forecasts of 29 cents, and revenue of 285 million dollars. Analysts were expecting just $267 million in revenue, according to Refinitiv.
GameStop – Shares of the video game retailer fell less than 1% after the company released its quarterly results, which included revenue of $1.38 billion and a loss of $2.08 per share. GameStop recently announced that it would be launching an NFT Marketplace soon, but it gave no update on that in its financial results.
PVH – Shares of clothing company PVH rose more than 4% after reporting financial results that beat Wall Street’s forecast for the last quarter. The maker of Tommy Hilfiger, Calvin Klein and other brands reported earnings of $1.94 per share, which beat estimates of 33 cents per share. It posted revenue of $2.12 billion, against estimates of $2.09 billion.
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