Stocks making the biggest moves after hours: SolarEdge, Knight-Swift Transportation and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

These are the stocks posting the largest moves in extended trading.

Check out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its third-quarter revenue guidance to between $720 million and $730 million, down from prior guidance of between $880 million to $920 million. CEO Zvi Lando said the company experienced "substantial unexpected" cancellations and pushouts of existing backlog from its European distributors. Enphase Energy and First Solar lost 14% and 4.

The company reported adjusted earnings of 41 cents per share, while analysts estimated per-share earnings of 36 cents, according to LSEG. The company's revenue of $2.02 billion exceeded analysts' expectations of $1.89 billion. Western Alliance — The regional bank gained 3%. Western Alliance posted third-quarter earnings of $1.97 per share, while analysts polled by FactSet forecasted $1.91 per share. Net interest income was $587 million, while analysts called for $559.1 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese stocks climb for second day as Hong Kong stocks dropSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves premarket: Procter & Gamble, United Airlines, Nvidia and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »