September 21, 2024

The World Opinion

Your Global Perspective

Shares making the largest strikes after hours: Rivian, Oracle, DocuSign and extra

The Docusign Inc. software for obtain within the Apple App Retailer on a smartphone organized in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.

Tiffany Hagler-Geard | Bloomberg | Getty Pictures

Take a look at the corporations making headlines after the bell: 

Rivian — The electrical automobile corporate’s inventory sank 12% postmarket on Thursday after lacking estimates at the best and backside strains for the fourth quarter because it grapples with provide chain disruptions. Rivian reported a lack of $2.43 consistent with percentage on earnings of $54 million, whilst analysts surveyed by way of Refinitiv anticipated a lack of $1.97 consistent with percentage on revenues of $60 million.

Oracle — Stocks of Oracle slipped 5% in prolonged buying and selling Thursday after the corporate met earnings however overlooked profits expectancies for the 3rd quarter. The corporate reported profits consistent with percentage of $1.13 on revenues of $10.51 billion. Analysts surveyed by way of Refinitiv anticipated profits of $1.18 consistent with percentage on revenues of $10.51 billion. The corporate additionally mentioned two investments ended in a drop in source of revenue.

DocuSign — DocuSign plummeted 18% all through prolonged buying and selling on Thursday after issuing vulnerable earnings steering for the primary quarter and monetary yr. The e-signature device maker beat analysts’ expectancies at the best and backside strains for the fourth quarter and introduced a $200 million inventory buyback.

Ulta Good looks — Stocks of the store rose greater than 1% in prolonged buying and selling after beating earnings estimates for the fourth quarter. The corporate reported revenues of $2.73 billion, whilst analysts polled by way of Refinitiv anticipated $2.69 billion.