— Shares lost 3% after the company did not update its guidance for the full year. Booking reported adjusted earnings of $11.60 per share against consensus expectations of $10.61 per share, according to Refinitiv. Booking also reported $3.78 billion in revenue which was also ahead of the Street's expectations.
— Shares of the food delivery service were up 5% after quarterly results. The company reported a loss of 41 cents per share, narrower than the loss of 58 cents per share forecasted by analysts, according to Refinitiv. Revenue came in higher than expected, at $2.04 billion versus the Street's estimate of $1.93 billion.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves before the bell: Paramount, PacWest, Shopify & moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: PacWest, Western Alliance, Paramount Global & moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. regional bank stocks dive after hours as PacWest weighs optionsShares of U.S. regional lenders collapsed in extended trade on Wednesday, with PacWest Bancorp losing over half its value after reports the California bank is exploring strategic options, including a sale.
Source: Reuters - 🏆 2. / 97 Read more »
Bank stocks continue to fall following First Republic demiseRegulators have barely written the epitaph for First Republic Bank, but investors on Wall Street have already moved onto speculating which bank might be the next to fail. Bank stocks fell sharply Tuesday, led downward by smaller banks with heavy exposure to uninsured deposits and commercial banks like Western Alliance Bank, PacWest Bancorp, Comerica and Zions Bank. Shares of Western Alliance were down 17% in afternoon trading and PacWest dropped 25%, with trading of both stocks halted briefly due to high volatility. The ongoing concern among investors and regulators is that banks such as PacWest have large amounts of uninsured deposits _ those above $250,000.
Source: AP - 🏆 728. / 51 Read more »