Past Meat “Past Burger” patties constituted of plant-based substitutes for meat merchandise take a seat on a shelf on the market in New York Town.
Angela Weiss | AFP | Getty Photographs
Take a look at the corporations making headlines after the bell:
Past Meat — Stocks of the other meat manufacturer tumbled greater than 11% in prolonged buying and selling after the corporate reported a wider-than-expected loss and shrinking income for its fourth quarter. Past Meat additionally launched a vulnerable forecast for its 2022 income.
Coinbase — Stocks of the crypto buying and selling platform dipped greater than 5% in after-hours buying and selling even after the corporate reported fourth-quarter income that beat analyst estimates. The corporate predicted that retail Per month Transaction Customers (MTUs) and overall buying and selling quantity could be decrease in Q1 2022 in comparison to This fall 2021.
Etsy — The web market noticed its inventory pop a whopping 15% after the corporate beat analysts’ estimates for the fourth quarter. Etsy reported income of $1.11 in step with proportion for the December quarter, forward of analysts’ consensus expectancies of 79 cents, in step with Refinitiv. Its quarterly income additionally got here in above expectancies.
KAR Public sale Products and services — Stocks of the used automobile corporate soared greater than 60% in prolonged buying and selling after it mentioned it has agreed to be obtained by means of Carvana in a $2.2 billion all-cash deal. Carvana, which additionally reported a wider-than-expected loss for the fourth quarter, noticed its inventory fall greater than 10% in after-hours buying and selling.
