Stocks moving big after hours: PINS, CHGG, TTWO

Stocks moving big after hours: PINS, CHGG, TTWO

Try the businesses making headlines after the bell

Pinterest — The social media inventory shed greater than 7% after income for the latest quarter fell in need of analysts’ expectations. Pinterest additionally shared steering for the primary quarter that was lighter than anticipated and stated it expects gross sales to extend by “low single digits” versus the 6.9% development fee anticipated by analysts.

Chegg — Chegg shares sank 20% in prolonged buying and selling after sharing weaker-than-expected first-quarter and full-year income steering, in response to Refinitiv. The corporate cited financial uncertainties and subscriber development issues.

Skyworks Options — The semiconductor inventory gained 3% in prolonged buying and selling after asserting a $2 billion share buyback program. It got here regardless of an earnings miss and light-weight steering for the present quarter.

Take-Two Interactive – The online game firm noticed its shares fall 0.5% after it posted quarterly income that got here in beneath Wall Road’s expectations. Take-Two posted income of $1.38 billion, in comparison with estimates of $1.46 billion, in response to Refinitiv.

ZoomInfo – Shares of the software program firm dipped about 5% after hours following the corporate’s quarterly outcomes for the newest interval. ZoomInfo reported better-than-expected earnings and income, in response to FactSet. Nevertheless, the corporate’s income outlook for the primary quarter and full 12 months have been decrease than what analysts anticipated

Spirit Airways — The airline inventory rose 3% throughout prolonged buying and selling after sharing stronger-than-expected fourth-quarter earnings. Spirit Airways reported per-share earnings of 12 cents, excluding objects. Analysts surveyed by FactSet had anticipated earnings of three cents a share.

Leggett & Platt — Shares of Leggett & Platt fell greater than 5% in prolonged buying and selling after fourth-quarter earnings got here in beneath analysts’ expectations, in response to FactSet. Full-year per-share earnings steering for the house and vehicle merchandise producer additionally fell in need of analysts’ expectations.

CNBC’s Tanaya Macheel and Darla Mercado contributed reporting

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