Top NewsUS News

Stocks making the biggest moves after hours: Virgin Galactic, GameStop, Cirrus Logic and more

Traders work on the floor of the New York Stock Exchange.


Here are the stocks making headlines in after hours trading.

Virgin Galactic — Shares of the space exploration company rose 7% in extended trading, building off a 21.5% gain during market hours after Virgin Galactic announced that it could redo a spaceflight test as early as Feb. 13. Fellow space industry company SpaceX also announced Monday that it plans to launch an all-civilian crew into space later this year.

GameStop — The video game retailer extended its slide after the bell, falling 9%. The stock lost more than 30% during Monday’s market hours after jumping 400% last week.

Cirrus Logic — Shares of the semiconductor company fell 6.5% in extended trading despite Cirrus posting better-then-expected results for its fiscal third quarter. Earnings and revenue were both higher than analysts were anticipating, according to Refinitiv, and forward revenue guidance was roughly in line.

NXP Semiconductors — The chipmaker’s stock slipped more than 2% after hours despite NXP reporting better than expected revenue for the fourth quarter. The company’s forward guidance was also higher than expected, according to FactSet.

View Article Origin Here

Related Articles

Back to top button