Stocks making the biggest moves after hours: Paramount, NXP Semiconductors, Chegg, F5 and more

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NXP Semiconductors NV News

Chegg Inc,Sensata Technologies Holding PLC,Woodward Inc

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

Check out the companies making headlines in after hours trading. Paramount Global — Shares rose less than 1% after the parent of CBS television said its CEO Bob Bakish would step down and be replaced by an "office of the CEO." The news comes as Paramount posted per-share earnings of 62 cents, topping the 36 cents anticipated by analysts polled by LSEG. Otherwise, revenue of $7.69 billion missed the expected $7.73 billion. Chegg — The education technology stock fell more than 7%.

Medifast — Shares of Medifast plunged more than 17% after the nutrition and wellness company posted first-quarter adjusted earnings of 66 cents per share, missing the FactSet consensus estimate of 80 cents per share. Medifast also issued a weak second-quarter earnings and revenue outlook. F5 — The application security cloud company dropped 9% after F5 issued disappointing third-quarter revenue guidance of $675 million to $695 million, compared to the $695 million LSEG consensus estimate.

 

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