Stocks making the biggest moves after hours: KB Home, Rithm Capital and more

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A homebuilder stock fell after its latest earnings report came in below expectations.

Here are the stocks making notable moves in extended trading on Tuesday: KB Home — The homebuilder fell 6% after fiscal third-quarter earnings missed expectations. KB Home reported $2.04 in earnings per share, slightly below the $2.06 per share expected by analysts, according to LSEG. The company's housing gross margin declined year over year. Rithm Capital — Shares of the asset manager fell 2% after Rithm announced a plan to sell 30 million shares.

Rithm said it would use the proceeds from the equity sale for general corporate purposes. Progress Software — The tech stock rose more than 5% after fiscal third-quarter results topped expectations. Progress reported adjusted earnings of $1.26 per share on $178.7 million of revenue. Analysts surveyed by FactSet were looking for $1.14 in earnings per share on $176.2 million of revenue. Agilysys — Shares of the packaged software company rose 3.8% in thin trading.

 

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Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
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Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
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Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors. U.S. futures fell, while oil prices were higher. The S&P 500 fell 0.2% Wednesday, following a 2.1% drop a day earlier. The Nasdaq composite dropped 0.3%. The Dow managed a gain of 38 points, or 0.1%.
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