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

Trump Accounts have auto-enrolled more than 60 million children, Treasury says
Traders now see little chance of a Fed rate hike in October after weak jobs report
Berkshire buys more Lennar shares, but pace of purchases slows
Why brands like E.l.f., Wendy’s and Gap are branching out into original music
Chick-fil-A wants to stay a family business even as it expands in the U.S. and abroad

Leave a Reply

Your email address will not be published.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