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Stocks making the biggest moves after hours: Shake Shack, CBS, Expedia and more

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Stocks making the biggest moves after hours: Shake Shack, CBS, Expedia & more

up 163%. In the strongest market debut so far this year, the plant based meat substitute maker is now valued at $3.77 billion.fell as much as 2% after the bell Thursday following the release of the media company's mixed first-quarter earnings. CBS posted earnings per share of $1.37 on revenue of $4.17 billion. Wall Street expected earnings per share of $1.36 on revenue of $4.30 billion, according to Refinitiv consensus estimates. The stock pared some losses after its initial dip.

For the second quarter, Activision Blizzard expects earnings per share of 23 cents. Analysts had projected 37 cents per share. It estimates revenue of $1.15 billion, also lower than the $1.28 billion expected by analysts.jumped 1% after hours Thursday, before giving up those gains, after reporting mixed first-quarter earnings. The biotech company reported earnings per share of $1.76, topping Refinitiv estimates of $1.71. Revenue was $5.28 billion, lower than the $5.

Revenue for Gilead's HIV drug, Biktarvy, beat expectations of $682 million, coming in at $793 million.surged as much as 9% after hours Thursday after posting better-than-expected first-quarter earnings. Beating on the top and bottom lines, Monster reported earnings per share of 48 cents on revenue of $946 million. Analysts were expecting earnings per share of 42 cents on revenue of $914 million, according to Refinitiv. The stock was last seen 6% up.

 

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I don’t get the attraction to shake Shack or Chipotle. Why do people invest in companies like that?

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