Asking for a Trend Hosts Josh Lipton and Seana Smith check in on some of the stocks moving most in after-hours trading.
Shares of Affirm (AFRM) are surging after delivering a revenue beat in its fourth quarter, posting growth of 48% year-over-year. The company also topped expectations for its first quarter revenue guidance.
Five Below (FIVE) shares are also climbing after the retailer’s second quarter sales came in better than expected.
Meanwhile, Okta (OKTA) shares are slipping after the retailer delivered mixed guidance in its second quarter earnings report, citing a challenging macro environment.
Shares of Victoria’s Secret (VSCO), however, are rising after the company topped Wall Street estimates for its second quarter net sales and adjusted earnings per share.
Finally, Nvidia (NVDA) shares are falling after reporting its second quarter results.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Melanie Riehl
Let’s take a look at some stocks that are trending after hours.
A firm shares are surging after delivering a revenue beat for the fourth quarter total revenue growing 48% from a year ago its first quarter revenue guidance fiscal first quarter revenue guidance also surpassing Wall Street expectations.
Next up, five below shares are higher.
After announcing Q two earnings eps was in line with expectations sales better than expected.
The company saying that it expects revenue in the range of 780 million to 800 million for its third quarter and shares tumbling year after reporting second quarter earnings company’s earnings be offset by mixed guidance saying there’s a challenging macro environment in its financial outlook and shares of Victoria’s Secret.
Uh Let’s check them out right now.
They’re up by about 3%.
Company second quarter results came in slightly higher than the street was anticipating.
The retailer also raising its full year revenue forecast now expecting uh 1% decline after previously guiding for decline in the low single digits.
Media shares are falling after hours off just about 4% after the market.
Juggernaut reported its second quarter results were minutes away from the company’s earnings call that’s expected to get underway here.
5 p.m. eastern time.
