{"id":7498,"date":"2024-11-07T23:21:05","date_gmt":"2024-11-07T23:21:05","guid":{"rendered":"https:\/\/finderica.com\/stocks-making-the-biggest-moves-after-hours-abnb-pins-expe-rivn\/"},"modified":"2024-11-07T23:21:05","modified_gmt":"2024-11-07T23:21:05","slug":"stocks-making-the-biggest-moves-after-hours-abnb-pins-expe-rivn","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7498","title":{"rendered":"Stocks making the biggest moves after hours: ABNB, PINS, EXPE, RIVN"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in extended trading: Rivian \u2014 The electric vehicle maker added nearly 2% despite missing on both top and bottom lines in the third quarter. Rivian posted an adjusted loss of 99 cents per share on $874 million in revenue. Analysts polled by LSEG had forecast a loss of 92 cents per share on revenue of $990 million. Pinterest \u2014 Shares tumbled 11% after the social media company posted weak guidance for its fourth-quarter revenue. Pinterest guided revenue to fall between $1.125 million and $1.145 million. The midpoint of the fourth-quarter guidance, $1.135 million, came below analysts&#8217; estimates of $1.143 million, per LSEG. The company posted beats on the top and bottom lines in the third quarter. Block \u2014 Shares dipped 2% after the fintech firm reported a third-quarter revenue miss . Block posted sales of $5.98 billion, while analysts polled by LSEG had anticipated $6.24 billion. On the other hand, Block&#8217;s adjusted earnings of 88 cents per share beat analysts&#8217; estimates by one cent. Airbnb \u2014 Shares of the online homestays company slipped nearly 3%. Airbnb posted third-quarter earnings of $2.13 per share, 1 cent shy of the consensus forecast, per LSEG.\u00a0Quarterly revenue of $3.73 billion was slightly above analysts&#8217; estimates for $3.72 billion. Akamai Technologies \u2014 Shares slid 6% as the cloud computing company issued disappointing full-year guidance. Akamai said its adjusted earnings for the period will range between $6.31 and $6.38 per share on revenue of $3.966 billion to $3.991 billion. Analysts polled by FactSet anticipated $6.43 per share in earnings and $3.99 billion in revenue. DraftKings \u2014 The sports betting company tumbled 4% after guidance missed the mark. DraftKings said its fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization will range between $240 million and $280 million. Analysts polled by LSEG sought $340 million to $420 million. The company also fell short of the Street&#8217;s expectations in the third quarter. Sweetgreen \u2014 The salad chain dropped more than 10% after missing on top and bottom lines in the third quarter. Sweetgreen announced losses of 18 cents per share, while analysts had expected a loss of 13 cents per share, according to LSEG. Revenue of $173 million also fell short of the $175 million forecast by analysts. Toast \u2014 Shares of the restaurant management software company surged 19% on strong fourth-quarter guidance. Toast guided fourth-quarter adjusted EBITDA between $90 million and $100 million. Analysts polled by StreetAccount estimated $74.8 million. Third-quarter results also beat estimates on both top and bottom lines. Expedia Group \u2014 Shares of the travel service company jumped 3%. Expedia&#8217;s adjusted earnings for the third quarter came in at $6.13 per share, beating analysts&#8217; call for $6.04 a share, per LSEG. Revenue came in at $4.06 billion and narrowly missing analysts&#8217; forecast for $4.11 billion. The company also said Chief Financial Officer Julie Whalen will be stepping down from her role. Arista Networks \u2014 The computer networking company fell 6% despite third-quarter results that topped estimates. Arista Networks reported third-quarter adjusted earnings of $2.40 per share on revenue of $1.81 billion. Analysts had expected earnings of $2.08 per share on $1.74 billion in revenue. The company&#8217;s fourth-quarter revenue guidance range also beat forecasts. Arista Networks also announced a 4-for-1 stock split. Lucid Group \u2014 The electric car manufacturer advanced 6% after narrowly beating analysts&#8217; expectations in the third quarter. Lucid reported an adjusted loss of 28 cents per share on revenue of $200 million in the period. Analysts polled by LSEG expected a loss of 30 cents per share and revenue of $198 million. The company also reaffirmed plans to produce about 9,000 vehicles this year, up 6.8% from 2023. Capri Holdings \u2014 The owner of Jimmy Choo lost 7% after results in the fiscal second quarter missed analysts&#8217; estimates. Capri reported adjusted earnings of 65 cents per share on revenue of $1.08 billion, while the Street sought 75 cents a share in earnings and $1.18 billion in revenue, per LSEG. Revenue for Michael Kors and Versace also came up short of expectations. \u2014 CNBC&#8217;s Darla Mercado, Lisa Kailai Han and Alex Harring contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/07\/stocks-making-the-biggest-moves-after-hours-abnb-pins-expe-rivn.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in extended trading: Rivian \u2014 The electric vehicle maker added nearly 2% despite missing on both top and bottom lines in the third quarter. Rivian posted an adjusted loss of 99 cents per share on $874 million in revenue. Analysts polled by LSEG had forecast a loss of 92<\/p>\n","protected":false},"author":1,"featured_media":7499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[2220,200,2222,1160,457,72,2221,2223,108],"class_list":{"0":"post-7498","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-abnb","9":"tag-biggest","10":"tag-expe","11":"tag-hours","12":"tag-making","13":"tag-moves","14":"tag-pins","15":"tag-rivn","16":"tag-stocks"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7498"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/7499"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}