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The Stock MarketStocks making the biggest moves after hours: Peloton, Pinterest and Uber

Stocks making the biggest moves after hours: Peloton, Pinterest and Uber

A Peloton Interactive Inc. brand on a stationary bike at the firm’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.

Adam Glanzman | Bloomberg | Getty Images

Check out the corporations making headlines after the bell

Peloton — Shares of Peloton sunk 25% in prolonged buying and selling after the train gear and media firm posted a wider-than-expected quarterly loss and minimize its full-year outlook. Peloton reported a lack of $1.25 per share on income of $805.2 million, versus the Refinitiv consensus of $1.07 per share on income of $810.7 million.

Pinterest — Pinterest shares gained 6.3% after hours following a quarterly earnings and income beat. The social media firm posted adjusted earnings of 28 cents per share on income of $633 million. Analysts anticipated earnings of 23 cents per share on income of $631 million, in accordance with Refinitiv.

Uber — The ride-hailing and meals supply inventory dipped 2.8% after 1.8 reported a wider-than-expected quarterly loss. Uber posted a lack of $1.28 per share versus 3.3 million anticipated. The firm attributed the loss to the pullback in worth of its funding holdings, significantly Chinese ride-hailing app Didi.

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

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

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