Stocks making the biggest moves after hours: Coinbase, Poshmark, FuboTV & more

Market Insider

In this article

Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021.
Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines in after-hours trading.

Poshmark — Shares of the retailer dipped nearly 7% in extended trading following the company’s second-quarter results. Poshmark lost four cents per share while reporting revenue of $81.8 million. Analysts surveyed by Refinitiv were expecting a six-cent loss per share and $80.3 million in revenue.

Coinbase — Coinbase shares whipsawed after the company’s second-quarter results topped expectations. The cryptocurrency exchange reported revenue of $2.23 billion, which was ahead of the $1.78 billion that analysts surveyed by Refinitiv were expecting.

ThredUp — ThredUp shares gained 7% after the company beat top-line estimates during the second quarter. ThredUp reported revenue of $60 million, compared to the $56 million analysts surveyed by Refinitiv were expecting.

FuboTV — Shares of the streaming company rose 10% following Fubo’s second-quarter results. The company reported revenue of $130.9 million. Analysts were expecting $118.3 million, according to Refinitiv.

Articles You May Like

Autonomous Vehicles: Why 2025 Will Usher in the Self-Driving Car
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
Data centers powering artificial intelligence could use more electricity than entire cities
Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits