Stocks making the biggest moves after hours: Oracle, Rentokil, Rubrik and more

📆 11/06/2024 23:24:00
📰 CNBC

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Rentokil Initial PLC,Rentokil Initial PLC,Rubrik Inc

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

Check out the companies making headlines in after-hours trading. Oracle — The tech company's shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts expected earnings of $1.65 per share on $14.55 billion in revenue.

Rentokil Initial — Shares in Terminix-parent Rentokil jumped nearly 7% after Nelson Peltz's Trian Partners confirmed it has taken a significant position in the pest-control giant and is currently a top-10 shareholder of the company. A Trian spokesperson told CNBC on Tuesday that the firm seeks to engage with leadership on "ideas and initiatives to improve shareholder value." Paramount — Shares slipped 0.4%, extending late-day losses.

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