A DoorDash signal is pictured on a cafe at the day they dangle their IPO in New York, December 9, 2020.
Carlo Allegri | Reuters
Take a look at the firms making headlines after the bell:
DoorDash — Stocks of the meals supply corporate popped 12% after a income beat. DoorDash reported income of $1.61 billion in the second one quarter, upper than the $1.52 billion analysts had been anticipating, in line with Refinitiv. DoorDash stated the full choice of orders it delivered grew 23% 12 months over 12 months to 426 million, an all-time top. It did document a loss better than anticipated for the quarter, on the other hand.
Past Meat — The opposite meat manufacturer’s stocks fell greater than 2% after the corporate decreased its income forecast for 2022. Past Meat additionally introduced it’ll trim its staff via 4%, bringing up broader financial uncertainty. Past reported second-quarter web lack of $97.1 million, or $1.53 consistent with proportion, wider than a web lack of $19.7 million, or 31 cents consistent with proportion, a 12 months previous.
AMC Leisure — Stocks of the film theater chain dropped 4% after the corporate stated it plans to factor a dividend to shareholders within the type of most well-liked stocks indexed at the NYSE beneath the ticker APE. The title is a nod to its retail traders who supported the corporate all through the meme-stock mania.
Virgin Galactic — The distance inventory tumbled greater than 7% in after-hours buying and selling after the corporate’s quarterly document. Virgin Galactic posted a web lack of $111 million in the second one quarter, in comparison to a $94 million web loss in the similar length a 12 months in the past. The corporate additionally behind schedule its business provider release to the second one quarter of 2023.
Warner Bros. Discovery — Stocks of the media massive fell 9% after the blended corporate disclosed a complete direct-to-consumer subscriber base of 92.1 million. It marked the primary time the corporate reported quarterly income since WarnerMedia and Discovery merged previous this 12 months.