Stocks making the biggest moves after hours: Oracle, Rentokil, Rubrik and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

Regwall-Marketmovers News

Rentokil Initial PLC,Rentokil Initial PLC,Rubrik Inc

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

Check out the companies making headlines in after-hours trading. Oracle — The tech company's shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts expected earnings of $1.65 per share on $14.55 billion in revenue.

Rentokil Initial — Shares in Terminix-parent Rentokil jumped nearly 7% after Nelson Peltz's Trian Partners confirmed it has taken a significant position in the pest-control giant and is currently a top-10 shareholder of the company. A Trian spokesperson told CNBC on Tuesday that the firm seeks to engage with leadership on "ideas and initiatives to improve shareholder value." Paramount — Shares slipped 0.4%, extending late-day losses.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

Oracle shares jump on Google and OpenAI deals despite earnings missOracle has been investing in generative artificial intelligence software enhancements and bringing its database to more Microsoft data centers.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

An options strategy on Oracle ahead of earnings that generates incomeJeff Kilburg sets up a trade in the software stock ahead of earnings.
Source: CNBC - 🏆 12. / 72 Read more »