Business

Stocks making the biggest moves after hours: Zoom Video, Sunnova Energy, BioNTech & more

Advertisement


Advertisement

Zoom founder Eric Yuan poses in entrance of the Nasdaq constructing because the display screen exhibits the emblem of the video-conferencing software program firm Zoom after the opening bell ceremony on April 18, 2019 in New York Metropolis.

Kena Betancur | Getty Pictures

Advertisement

Try the businesses making headlines after hours:

Zoom Video — Shares of the video-conferencing large fell greater than 5% even after the company reported better-than-expected earnings for the third quarter. Zoom posted earnings per share of 99 cents on income of $777.2 million. Analysts anticipated a revenue of 76 cents per share on income of $694 million, in response to Refinitiv.

Advertisement

BioNTech — BioNTech’s U.S.-listed shares fell greater than 1% after a Financial institution of America analyst downgraded the inventory to impartial from chubby. “We await visibility on the manufacturing ramp-up to achieve the aim of as much as 1.3bn doses by YE21 and the power to mass distribute, noting [the drug’s] want for ultra-cold storage,” the analyst stated.

Shift4 Payments — Shares of the Pennsylvania-based funds firm slid greater than 6% after Shift4 introduced it plans to supply convertible bonds value $400 million in combination. The corporate additionally intends to promote 8 million shares as a part of a secondary providing.

Advertisement

Sunnova Energy International — Sunnova shares pulled again by about 5% in after-hours buying and selling after the photo voltaic power firm issued a 7-million-share public providing.



Source link

Advertisement
Advertisement

Related Articles

Back to top button