Check out the companies making headlines in extended trading. General Motors – Shares of the automotive giant popped nearly 3%. General Motors said that it would no longer fund robotaxi development by self-driving car company Cruise. GM said it will instead turn its focus on advanced driver assistance systems and autonomous systems in personal vehicles. Dave & Buster's Entertainment – Shares of the entertainment venue company fell 9%.
GE Vernova — The energy equipment company slid 3% after offering full-year revenue guidance for both the 2024 and 2025 fiscal years that was weaker than expected by analysts polled by FactSet. GE Vernova also announced it would initiate a dividend of 25 cents per share and a $6 billion repurchase authorization. Skillsoft — The learning platform jumped 8% after posting $137.2 million in third-quarter revenue, above the consensus forecast of $130 million from analysts surveyed by FactSet.
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