Stocks making the biggest moves after hours: GameStop, Lucid Group, RH & more

Finance

In this article

A man looks at GameStop at 6th Avenue on February 25, 2021 in New York.
John Smith | Corbis News | Getty Images

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

GameStop — Shares of the video game retailer slid 4% in extended trading Wednesday following the company’s third-quarter results. GameStop said its net loss grew to $105.4 million, up from $18.8 million a year earlier.

Lucid Group — Lucid’s stock declined more than 6% after the company announced a proposed convertible senior notes offering. The offering, which is subject to market and other conditions, would be for $1.75 billion.

Rent the Runway — Shares of the clothing rental company declined 9% after Rent the Runway posted a wider-than-expected loss during the third quarter. The company’s net loss during the period nearly doubled to $87.8 million, up from $44.3 million in the same quarter a year ago.

RH — The retailer’s stock jumped 11% after the company beat top- and bottom-line estimates during the third quarter. RH earned $7.03 per share, excluding items, on $1.01 billion in revenue. The Street was expecting $6.63 per share on $984 million in revenue, according to estimates compiled by Refinitiv.

Articles You May Like

Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
Bond losses may offer investors a tax break. Here’s how tax-loss harvesting works
Why brands like E.l.f., Wendy’s and Gap are branching out into original music
Bitget ‘not expecting to recover a lot’ from $388 million hack, CEO tells CNBC
David Ellison says combined Paramount and Warner Bros. Discovery will be named Skydance

Leave a Reply

Your email address will not be published.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