Stocks making the biggest moves after hours
Check out some of the companies making headlines in extended trading.
- Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain.
- Costco — The wholesale retailer reported quarterly results that beat analyst expectations, yet shares were little changed. The company earned $4.28 per share on revenue of $63. 2 billion. Analysts expected a profit of $4.24 per share on revenue of $63.19 billion. Same-store sales growth and gross margins were above estimates as well.
- Dell Technologies — Shares of the technology company gained more than 5% after first-quarter revenue surpassed analyst estimates. Dell reported revenue of $23.38 billion, while analysts polled by LSEG called for $23.14 billion. The company also raised its full-year earnings guidance.
Read the full list here.
— Brian Evans
Stock futures are little changed
Stock futures were little changed on Thursday, as investors await more clarity on U.S. trade policy.
Futures tied to the Dow Jones Industrial Average pulled back 38 points, or 0.09%. S&P 500 futures slipped 0.1%, alongside Nasdaq 100 futures.
— Brian Evans
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