Stocks making the biggest moves after hours: Chipotle, IBM, Ford, ServiceNow and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 75%
  • Publisher: 72%

Breaking News: Markets News

Economy,Breaking News: Economy,Stock Markets

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

Check out the companies making headlines in after-hours trading: Ford Motor — Ford shares tumbled 11% after the company's second-quarter earnings came in much lower than Wall Street expected due to longtime warranty issues. The automaker posted adjusted earnings per share of 47 cents, significantly less than analysts' forecast of 68 cents, per LSEG. Automotive revenue came out at $44.81 billion, slightly higher than the consensus call for $44.02 billion.

KLA Corporation — The semiconductor manufacturing company gained nearly 3% after releasing a positive fiscal fourth-quarter financial report. KLA reported adjusted earnings of $6.60 per share, higher than analysts' expectations of $6.15 per share, per LSEG. Revenue came out at $2.57 billion, also exceeding the expected $2.52 billion. The company also guided first-quarter adjusted earnings and revenue numbers higher.

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 MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Chipotle Mexican Grill is about to report earnings. Here's what to expectShares of Chipotle have risen 24% this year, bringing its market value up to $72.82 billion.
Source: CNBC - 🏆 12. / 72 Read more »

Chipotle tops earnings and revenue estimates as restaurant traffic rises againShares of Chipotle have risen 24% this year, bringing its market value up to $72.82 billion.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Chipotle shares pop more than 10% as earnings and revenue top estimates, restaurant traffic rises againShares of Chipotle have risen 24% this year, bringing its market value up to $72.82 billion.
Source: CNBC - 🏆 12. / 72 Read more »