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Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more

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Rocket Lab USA Inc,CAVA Group Inc,Instacart (Maplebear Inc)

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

Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in at 640 million, reflecting an 11% jump from a year earlier and beating FactSet consensus estimates of 639.0 million. Still, Spotify fell short of the Street's expectations on the top and bottom lines in the period.

Occidental Petroleum reported adjusted earnings of $1 per share, which beat consensus estimates by 26 cents, per LSEG. However, revenues of $7.15 billion came below the $7.23 billion expected by analysts. Maplebear — Shares lost 3% even after the grocery delivery company reported third-quarter results that beat analysts' expectations. Maplebear, also known as Instacart, earned 42 cents per share on revenue of $852 million.

 

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