September 22, 2024

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Shares making the largest strikes after hours: AMC, Novavax and extra

An AMC theatre is pictured amid the coronavirus illness (COVID-19) pandemic within the Big apple borough of New York Town, New York, U.S., January 27, 2021.

Carlo Allegri | Reuters

Take a look at the corporations making headlines after hours.

AMC — Stocks jumped 4% after the leisure corporate reported its “most powerful first quarter in two complete years” as customers go back to film theaters. AMC beat on revenues with $785.7 million, as when put next with the $743 million anticipated by means of analysts polled by means of Refinitiv.

Novavax — Stocks dropped greater than 10% after the biotech corporate reported an income pass over. Novavax reported adjusted income of $2.56 consistent with percentage on income of $704 million. Analysts polled by means of Refinitiv have been anticipating income of $2.69 consistent with percentage on income of $845 million. Nonetheless, Novavax reported its first successful quarter from an international vaccine rollout.

Upstart — Stocks tumbled 39% after the substitute intelligence corporate reported income. Upstart income of $310 million crowned expectancies. Analysts have been anticipating a quarterly benefit of 51 cents consistent with percentage on revenues of $300 million, in keeping with consensus estimates from Refinitiv.