A DoorDash signal is pictured on a restaurant on the day they maintain their IPO in New York, December 9, 2020.
Carlo Allegri | Reuters
Try the businesses making headlines after the bell:
DoorDash — Shares of the meals supply firm popped 12% after a income beat. DoorDash reported income of $1.61 billion within the second quarter, increased than the $1.52 billion analysts had been anticipating, in keeping with Refinitiv. DoorDash stated the whole variety of orders it delivered grew 23% 12 months over 12 months to 426 million, an all-time excessive. It did report a loss bigger than anticipated for the quarter, nevertheless.
Past Meat — The choice meat producer’s shares fell greater than 2% after the corporate lowered its income forecast for 2022. Past Meat additionally introduced it can trim its workforce by 4%, citing broader financial uncertainty. Past reported second-quarter web lack of $97.1 million, or $1.53 per share, wider than a web lack of $19.7 million, or 31 cents per share, a 12 months earlier.
AMC Leisure — Shares of the movie show chain dropped 4% after the corporate stated it plans to problem a dividend to shareholders within the type of most popular shares listed on the NYSE below the ticker APE. The identify is a nod to its retail traders who supported the corporate throughout the meme-stock mania.
Virgin Galactic — The area inventory tumbled greater than 7% in after-hours buying and selling after the corporate’s quarterly report. Virgin Galactic posted a web lack of $111 million within the second quarter, in comparison with a $94 million web loss in the identical interval a 12 months in the past. The corporate additionally delayed its business service launch to the second quarter of 2023.
Warner Bros. Discovery — Shares of the media large fell 9% after the mixed firm disclosed a complete direct-to-consumer subscriber base of 92.1 million. It marked the primary time the corporate reported quarterly earnings since WarnerMedia and Discovery merged earlier this 12 months.
