Stocks making the biggest moves after hours: Roku, Shake Shack, Sunrun & more

Stock Market

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013.
Patrick T. Fallon | Bloomberg via Getty Images

Check out the companies making headlines after the bell

Roku — Shares of video-streaming company dropped 12% in extended trading after the firm’s fourth-quarter revenue missed expectations. Roku reported revenue of $865 million last quarter, versus $894 million as expected by analysts, according to Refinitiv. The company also issued first-quarter revenue guidance below consensus.

Shake Shack — The fast food chain saw its shares plunge 10% in after-hours trading after the company forecast quarterly revenue below estimates, as the Omicron variant led to labor shortages and store closures.

Sunrun — Shares of the clean energy company fell 3% in extended trading after a wider-than-expected quarter loss. Sunrun posted a quarterly loss of 19 cents per share, more than the 4 cents per share estimate, according to Refinitiv.

Dropbox — Shares of the cloud company dipped 1% in after-hours trading even after a better-than-expected quarterly report. Dropbox reported earnings of 32 cents per share in the fiscal fourth-quarter, exceeding Wall Street analysts’ forecasts. The company also announced a repurchase of an additional $1.2 billion of its Class A common stock.

Articles You May Like

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
Ethereum derivatives look bearish, but traders believe the ETH bottom is in
China rocked by protests as zero-Covid anger spreads
DiNapoli: NYS pension fund at $233.2B despite -3.85% return
Bahamian Attorney General Insists FTX Is the Subject of an ‘Active and Ongoing Investigation’