Stocks making the biggest moves after hours: KB Home, Spotify and more

Finance

New Home Construction by KB Home in California
Bloomberg | Getty Images

Check out the stocks making headlines in extended trading on Wednesday.

KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company reported $1.4 billion in revenues, missing consensus estimates of $1.5 billion.

GameStop — The meme stock dipped 1.1% after hours. The video game retailer’s stock price soared during the regular trading session, following Tuesday’s report that GameStop Chair Ryan Cohen on Tuesday bought an additional 100,000 shares. Cohen expanded his stake to 11.9% in the video game retailer.

Spotify — Shares for the streaming company popped 6% following reports that Google will reduce app commission fees for Android developers, starting with Spotify.

Articles You May Like

Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
Disney-owned ABC files First Amendment lawsuit against FCC
CFTC’s Innovation Advisory Committee meeting addresses emerging prediction market risks

Leave a Reply

Your email address will not be published.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