Stock Market

In this article

A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.
Adam Glanzman | Bloomberg | Getty Images

Check out the companies making headlines after the bell

Peloton — Shares of Peloton sunk 25% in extended trading after the exercise equipment and media company posted a wider-than-expected quarterly loss and cut its full-year outlook. Peloton reported a loss of $1.25 per share on revenue of $805.2 million, versus the Refinitiv consensus of $1.07 per share on revenue of $810.7 million.

Pinterest — Pinterest shares gained 6.3% after hours following a quarterly earnings and revenue beat. The social media company posted adjusted earnings of 28 cents per share on revenue of $633 million. Analysts expected earnings of 23 cents per share on revenue of $631 million, according to Refinitiv.

Uber — The ride-hailing and food delivery stock dipped 2.8% after 1.8 reported a wider-than-expected quarterly loss. Uber posted a loss of $1.28 per share versus 3.3 million expected. The company attributed the loss to the pullback in value of its investment holdings, particularly Chinese ride-hailing app Didi.

Square — Shares of Square fell 2.5% after the digital payments company missed revenue expectations. Square posted quarterly revenue of $3.84 billion, versus the Refinitiv $4.54 billion consensus estimate.

Airbnb — Airbnb shares rose 1.5% after the company reported stronger-than-expected third-quarter revenue. The company posted revenue of $2.24 billion versus the Refinitiv consensus of $2.05 billion.

Articles You May Like

Top Russian general killed in bomb blast in Moscow
Munis sell off as macroeconomic, policy volatility weigh heavily over markets
The Fed cut interest rates but mortgage costs jumped. Here’s why
At least 2 dead and 60 injured after car ploughs into German Christmas market
Nissan and Honda hold talks about a merger of the two carmakers