Roku gains after announcing job cuts, Zscaler slips and other stocks on the move

Roku Inc.’s stock ROKU, +8.17% rose 7% after the streaming-media company announced plans to lay off 10% of its staff as it looks to slow the growth of its operating expenses.

Hycroft Mining Holding Corp.’s stock HYMC, +9.49% rallied 10% after the company said a study has confirmed significant gold and silver recoveries at its Nevada mine. The company is part owned by AMC Entertainment Holdings Inc. AMC, -21.83% Palisade Bio Inc.’s stock PALI, +145.03% more than doubled in price, after the company announced a licensing agreement with privately held Giiant Pharma Inc. that will give it access to IBD therapies.AMC was down 21% after it disclosed an equity-distribution agreement in which the company could sell up to 40 million common shares. The sales could represent up to 7.7% of the 519.2 million common shares outstanding as of Aug. 4.

Southwest Airlines Co.’s stock LUV, -2.01% fell 1.8% after the air carrier said it booked record revenue for the Labor Day weekend, but said close-in leisure bookings in August were on the lower-end of expectations.

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Zscaler stock slips after earnings call, Gitlab shares rise and other stocks on the moveZscaler, Gitlab and Verb Technology are among the active stocks.
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Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and moreThese are the stocks posting the largest moves in extended trading.
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Stocks making the biggest moves premarket: Enbridge, Roku, Gitlab and moreThese are the companies making headlines in premarket trading on Wednesday.
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Zscaler’s stock surges 5% after beat-and-raise earningsZscaler Inc.'s shares rallied Tuesday after the cybersecurity company's quarter and outlook topped Wall Street expectations.
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Zscaler stock falls as execs focus on 'challenging' environment after beat-and-raise earningsZscaler Inc.'s shares swung to a loss Tuesday after hours following an initial surge after the cybersecurity company's strong quarter and outlook.
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