Stocks making the biggest moves after hours: Chipotle, Lyft, Enphase Energy and more

Market Insider

Daniel Acker | Bloomberg | Getty Images

Check out the companies making headlines after the bell:

Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it expects same-store sales growth to slow next quarter due to the omicron variant.

Lyft — Shares of the ride-hailing company sank 6% in extended trading after the company reported fewer active riders than in the prior quarter. Still, Lyft beat on the top and bottom lines for its quarterly results.

Enphase Energy — Shares of the renewable energy company surged more than 14% after hours on the back of strong fourth-quarter results. Enphase earned 73 cents per share on revenue of $412.7 million. Wall Street expected earnings of 58 cents on revenue of $396.5 million, according to Refinitiv.

XPO Logistics — Shares of XPO Logistics rose 3% in extended trading after the company posted better-than-expected earnings and revenue for the fourth quarter. The company reported earning of $1.34 per share, topping estimates of 99 cents per share, according to Refinitiv. Revenue also beat estimates.

Articles You May Like

Why Short Squeeze Stocks May Be 2025’s Hidden Gems
Starboard sees an opportunity to create value at Riot Platforms amid growth in hyperscalers
My Top 10 Stock Market Predictions for 2025
Are These AI Stocks Ready for a Comeback?
S&P 500, Nasdaq-100 are getting an update. Trillions depend on who’s in and who’s out