Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more
Check out the companies making headlines in extended trading:
Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter between $151 billion and $155.5 billion. Analysts surveyed by LSEG were looking for $158.5 billion. Meanwhile, the company's fourth-quarter earnings and revenue were above consensus expectations.
Take-Two Interactive Software — The video game company jumped nearly 7% despite posting fiscal third-quarter revenue of $1.37 billion. Analysts polled by LSEG had expected $1.39 billion. Take-Two sees its current-quarter revenue, based on net bookings, coming in between $1.48 billion and $1.58 billion versus the estimated $1.54 billion.
Affirm Holdings — Shares of the payment company jumped more than 9% following a top-line beat for the fiscal second quarter. Affirm reported $866 million in revenues, while analysts expected $807 million, per LSEG. Gross merchandise volume grew 35% year-over-year in the prior quarter.
Pinterest — Shares of the social media company popped 18%. Revenue for the fourth quarter came in at $1.15 billion, slightly ahead of analysts' estimates of $1.14 billion, per LSEG. Pinterest also said it expects revenue of $837 million to $852 million in the first quarter, while analysts sought $833 million.
Expedia — The stock gained 11% after the company's fourth-quarter results topped Wall Street expectations. Expedia posted adjusted earnings of $2.39 per share on revenue of $3.18 billion. That is more than the $2.04 per share on $3.07 billion in revenue that analysts had penciled in, according to LSEG. The company also reinstated its quarterly dividend at 40 cents per share.
Bill Holdings —
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