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The biggest move after business hours: Beyond Meat & more

Virgin Galactic passenger rocket-powered aircraft VSS Unity carries billionaire entrepreneur Richard Branson and his crew on July 11, 2021, in Spaceport America near Truth or Consequences, New Mexico, USA. Land after reaching the edge of the upper universe.

Joe Skipper | Reuters

Check out the companies that make headlines in after-hours trading.

Virgin Galactic — Virgin Galactic’s share price surged 6% after the company reported Quarterly results Ticket sales will resume. The space company reported an adjusted EBITDA loss of $ 56 million in the second quarter. This is slightly above the $ 55.9 million loss in the previous quarter. Second-quarter revenue was $ 571,000.

trip advisor — Travel agency stocks rose slightly in after-hours trading as they exceeded expectations in the second quarter. TripAdvisor lost 7 cents per share, excluding items. This was less than the expected loss of 11 cents per share, according to Refinitiv estimates. Revenue was $ 235 million, above the expected $ 188 million.

Beyond Meat — Beyond Meat’s share price fell 4% after the company Missed earnings quote During the second quarter. Refinitiv estimates that the meat companies lost 31 cents per share. This is more than the analysts expected to lose 24 cents. Revenues were $ 149.4 million, surpassing analysts’ expectations of $ 140.8 million.

Dropbox — Cloud storage company stocks rose about 4% after DropBox reported second-quarter earnings. The company earned 40 cents per share during the quarter. This was more than expected by the 33-cent analyst surveyed by Refinitiv. Revenues were $ 513 million, above the expected $ 524 million.

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The biggest move after business hours: Beyond Meat & more

Source link The biggest move after business hours: Beyond Meat & more

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