Stock Market Stocks making the biggest moves after the bell: Activision...

Stocks making the biggest moves after the bell: Activision Blizzard, T-Mobile, Lyft and more

-

- Advertisment -

Gamers of the Philadelphia Fusion, left, and London Spitfire teams compete during the Activision Blizzard Inc. Overwatch League Grand Finals at Barclay Center in the Brooklyn Borough of New York, U.S., on Friday, July 27, 2018.

Christopher Lee | Bloomberg | Getty Images

Check out the companies making headlines after the bell on Tuesday:

Activision Blizzard — Shares of the video game company popped more than 5% on quarterly results that beat analyst expectations. Activision Blizzard reported earnings of 84 cents per share, topping a Refinitiv forecast of 70 cents per share. The company’s revenue came in at $2.07 billion, beating an estimate of $1.78 billion.

T-Mobile — The wireless carrier’s stock rose 2.7% on the back of better-than-expected quarterly numbers. T-Mobile reported earnings of 74 cents per share on revenue of $19.76 billion. Analysts expected earnings of 57 cents per share on revenue of $19.76 billion, according to Refinitiv.

Lyft — The ride hailing giant’s shares climbed 4.5% after the company reported a smaller-than-expected first-quarter earnings loss. Lyft lost 35 cents per share, while analysts estimated a loss of 53 cents per share, according to Refinitiv. Revenue came in at $609 million, above the forecast $559 million.

Zillow —Shares of the online residential real estate company gained 3.8% on the back of earnings that beat Wall Street estimates. Zillow posted earnings of 44 cents per share on revenue of $1.22 billion. Wall Street expected earnings of 25 cents per share on revenue of $1.10 billion, according to Refinitiv.

Match Group — Match Group jumped 6.1% following after the company reported better-than-expected results for the previous quarter. Match Group reported earnings of 57 cents per share, above the forecast 40 cents per share, according to Refinitiv. Revenue came in at $668 million, above the expected $651 million. Match Group also gave strong revenue guidance.

Enjoyed this article?
For exclusive stock picks, investment ideas and CNBC global livestream
Sign up for CNBC Pro
Start your free trial now

Latest news

Sea Limited’s (SE) CEO Forrest Li on Q1 2021 Results – Earnings Call Transcript

Sea Limited's (SE) CEO Forrest Li on Q1 2021 Results - Earnings Call Transcript

Walmart is doubling down on ‘rollbacks’ as inflation pushes prices higher

A customer browses products at a Walmart store in Burbank, CaliforniaPatrick T. Fallon | Bloomberg | Getty ImagesInflation is...

5 Hotel Chains with Two-Bedroom Suites You Can Book with Points – NerdWallet

The internet is full of high-end aspirational hotel redemptions. From an overwater villa in the Maldives to a chic...

EML Payments halts trading over Central Bank of Ireland probe

EML Payments, an Australian fintech with a...
- Advertisement -

Investors Won’t Buy the “Transitory” Inflation Line | Daniel Lacalle

The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it. Inflation...

Opinion: The not-so-hidden reason why the rich and powerful hate government spending

ATHENS, Greece (Project Syndicate)—Back in the 1830s, Thomas Peel decided to migrate from England to Swan River in Western...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you