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Stocks making the biggest moves after hours: Rivian, DocuSign and more

March 10, 2022
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Try the businesses making headlines after the bell: 

Rivian — The electrical automobile firm’s inventory sank 12% postmarket on Thursday after lacking estimates on the highest and backside strains for the fourth quarter because it grapples with provide chain disruptions. Rivian reported a lack of $2.43 per share on income of $54 million, whereas analysts surveyed by Refinitiv anticipated a lack of $1.97 per share on revenues of $60 million.

Oracle — Shares of Oracle slipped 5% in prolonged buying and selling Thursday after the corporate met income however missed earnings expectations for the third quarter. The corporate reported earnings per share of $1.13 on revenues of $10.51 billion. Analysts surveyed by Refinitiv anticipated earnings of $1.18 per share on revenues of $10.51 billion. The corporate additionally stated two investments led to a drop in earnings.

DocuSign — DocuSign plummeted 18% throughout prolonged buying and selling on Thursday after issuing weak income steerage for the primary quarter and financial yr. The e-signature software program maker beat analysts’ expectations on the highest and backside strains for the fourth quarter and introduced a $200 million inventory buyback.

Ulta Magnificence — Shares of the retailer rose greater than 1% in prolonged buying and selling after beating income estimates for the fourth quarter. The corporate reported revenues of $2.73 billion, whereas analysts polled by Refinitiv anticipated $2.69 billion.

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Bitcoin Options Open Interest Has Higher Preference for Put Calls

May 24, 2022

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