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The Stock MarketStocks making the biggest moves after hours: AMC, Novavax and more

Stocks making the biggest moves after hours: AMC, Novavax and more

An AMC theatre is pictured amid the coronavirus illness (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.

Carlo Allegri | Reuters

Check out the corporations making headlines after hours.

AMC — Shares jumped 4% after the leisure firm reported its “strongest first quarter in two full years” as shoppers return to film theaters. AMC beat on revenues with $785.7 million, in comparison with the $743 million anticipated by analysts polled by Refinitiv.

Novavax — Shares dropped more than 10% after the biotech firm reported an earnings miss. Novavax reported adjusted earnings of $2.56 per share on income of $704 million. Analysts polled by Refinitiv had been anticipating earnings of $2.69 per share on income of $845 million. Still, Novavax reported its first worthwhile quarter from a worldwide vaccine rollout.

Upstart — Shares tumbled 39% after the synthetic intelligence firm reported earnings. Upstart income of $310 million topped expectations. Analysts had been anticipating a quarterly revenue of 51 cents per share on revenues of $300 million, in keeping with consensus estimates from Refinitiv.

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