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Stocks making the biggest moves after hours: C3.ai, Topgolf Callaway, Verint Systems and more

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XPO Logistics Inc,Chargepoint Holdings Inc,Sprinklr Inc

Earnings reports appeared to be sparking large declines for several stocks on Wednesday.

Here are the stocks making notable moves after Wednesday's market close. C3.ai — Shares of the technology company dropped 16% after subscription revenue came in below expectations for the fiscal first quarter. C3.ai reported $73.5 million in subscription revenue for the period, below the $79.2 million expected by analysts, according to FactSet. Topgolf Callaway — The golf equipment and entertainment stock jumped 1% after the company announced that it will split into two separate firms.

AeroVironment — Shares of the defense contractor slid 5% after the company reaffirmed its full-year guidance despite beating estimates on the top and bottom lines for its fiscal first quarter. Sprinklr – Shares of the software company fell 4%. Sprinklr issued weak guidance for the fiscal year, calling for adjusted earnings to range between 32 cents and 33 cents a share, compared to the 41 cents per share expected by analysts, per FactSet.

 

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