In the picture in this photo, the Quantum Scape logo is displayed on the screens of smartphones and PCs.
Pablo Goncher | SOPA Images | LightRocket | Getty Images
Check out the companies that make headlines after the bell on Wednesday:
micron – Chipmaker’s share rose 2.3% after the company reported better-than-expected results in the second quarter. Micron reported earnings per share of 98 cents with revenue of $ 6.24 billion. Analysts polled by Refinitiv expected a $ 6.21 billion return and a profit of 95 cents per share.
Quantum Scape – Lithium battery maker stocks surged 8.8% after the company announced that it met the requirements to complete a $ 100 million investment. Volkswagen.. The car company plans to test Quantum Scape’s solid lithium metal cells in a German lab.
Wing stop – Restaurant company stocks rose 3.8% after the company announced preliminary results for the first quarter. The figures show that Wingstop’s domestic same-store sales increased 20.7% year-on-year and digital sales surged 63.6%.
Guess – Garment retailers’ stock prices surged 4.5% after Guess posted a higher-than-expected fourth-quarter profit. The company reported earnings per share of $ 1.18, above FactSet’s estimated 56 cents per share. However, Guess’s revenue was slightly below analysts’ estimates.
The biggest move after the bell: QuantumScape, Micron, etc.
Source link The biggest move after the bell: QuantumScape, Micron, etc.