Stocks making the biggest moves after hours
Published 28 Mins Ago
Robinhood Markets
Shares of Robinhood Markets, the popular trading platform, surged 9.5% in after-hours trading following the revelation of their surprise earnings and revenue beat. The company reported earnings per share of 3 cents, surpassing analyst estimates of 1 cent per share loss, as reported by LSEG (formerly known as Refinitiv). Moreover, Robinhood’s revenue amounted to $471 million, outpacing analyst expectations of $457 million.
Lyft
Ride-hailing company Lyft surprised the market with its strong fourth-quarter results, causing its shares to skyrocket by 18.5% during the extended trading period. In addition to exceeding analysts’ estimates of 8 cents, Lyft reported adjusted earnings per share of 18 cents for the fourth quarter, as reported by LSEG. The company’s revenue for the quarter amounted to $1.22 billion, which aligned with analysts’ forecasts.
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— Anonymous
Stock futures open flat Tuesday
Published 14 Mins Ago
U.S. stock futures have barely budged as Tuesday trading commences. The Dow Jones Industrial Average futures dipped by 19 points or 0.05%. Contrarily, futures linked to the S&P 500 hovered near the flatline, while Nasdaq 100 futures experienced a modest 0.08% gain.
— Anonymous
