Visa and Mastercard credit cards.
Check out the companies that make the headlines after the bell:
visa —Thursday’s extended trading saw a 1% increase in the share of payment giants after surpassing the top and bottom lines of quarterly results. Visa reported earnings per share of $ 1.42 for revenue of $ 5.69 billion. According to Refinitiv, Wall Street expects to earn $ 1.28 per share, compared to $ 5.53 billion in revenue. The company also announced a $ 8 billion share buyback program.
GameStop — Video game retailer stocks surged more than 35% in after-hours trading after Robin Hood told clients to resume limited trading Certain restricted securities on Friday..The stock trading app has imposed restrictions on stocks with speculative names such as GameStop and AMC Entertainment On Thursday, in the frenzy of retail trading under a significantly shortened name.
Monderes — Mondelez confirmed a 0.3% rise in stock prices in an extended session after reporting fourth-quarter earnings and earnings that exceeded analysts’ consensus expectations. Owners of the Ritz and Oreo brands also said Thursday afternoon that they resumed their share buyback program in November.
Western Digital – Data storage company stocks rose more than 5% in extended trading after Western Digital outperformed top and bottom line results in the second quarter. The company generated 69 cents per share, excluding items, which exceeded analysts’ expectations of 54 cents. Revenue was $ 3.94 billion, while Street was looking for $ 3.88 billion.
Skyworks solution — Skyworks shares surged 11% in extended trading after reporting higher-than-expected earnings. According to Refinitiv, the company generated $ 3.36 per share, above the $ 2.08 per share estimate. Skyworks’ revenue is $ 1.51 billion, well above the projected $ 1.06 billion. The company also announced a $ 2 billion share buyback program.
— With reports from CNBC’s Pippa Stevens and Thomas Franck.
GameStop, Visa, Skyworks Solutions, etc.
https://www.cnbc.com/2021/01/28/stocks-making-the-biggest-moves-after-hours-gamestop-visa-skyworks-solutions-and-more-.html GameStop, Visa, Skyworks Solutions, etc.