Stocks making the biggest moves after the bell: Dell, Coinbase, American Eagle & more

Finance

In this article

Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California.
Justin Sullivan | Getty Images

Check out the companies making headlines after the bell on Wednesday:

American Eagle — The teen apparel retailer’s stock rose 4% after the company said it expects fiscal first-quarter sales to top $1 billion. That’s about $100 million above analyst expectations.

Coinbase — Shares of the cryptocurrency exchange ticked up 2% after its first day of trading. In its market debut, Coinbase hit a high of $429.54 per share before closing at $328.28 per share.

Dell — Shares of the computer manufacturer popped 8% after the company announced it will spin off 81% of its VMware stake, forming two standalone publicly traded companies. VMware will distribute a special cash dividend of $11.5 billion to $12 billion to shareholders.

Costco — Costco shares rose slightly after the company increased its quarterly dividend to 79 cents per share from 70 cents per share, an increase of 12.9%.

Articles You May Like

How Much Money Do I Need To Retire At 55?
AMC is poised to ride the box-office rebound, as long as its debt doesn’t get in the way
Home sales surged in October, just before mortgage rates jumped
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Nvidia to report third-quarter earnings after the bell

Leave a Reply

Your email address will not be published.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