Business

Stocks That Make The Biggest Movements After Hours: GameStop, RH, And More

A man looks at GameStop on 6th Avenue on February 25, 2021 in New York.

John Smith | Corbis News | Getty Images

Pay attention to the companies that rank first in the after-hours trading:

GameStop – The video game seller dropped 4% in extended trading on Wednesday following the company’s third-quarter results. GameStop said its net loss rose to $ 105.4 million from $ 18.8 million a year earlier.

Lucid Group – Lucid shares fell more than 6% after the company announced a convertible senior bond offering. The offer, which depends on market and other conditions, will amount to $ 1.75 billion.

Rent the Runway – Shares in the clothing rental company fell 9% after Rent the Runway posted a bigger-than-expected loss in the third quarter. The company’s net loss for the reporting period nearly doubled to $ 87.8 million from $ 44.3 million in the same quarter a year earlier. Excluding the one-off costs associated with the IPO, Rent the Runway said its net loss was lower than last year.

RH – Shares in the retailer jumped 11% after the company beat net and net income forecasts in the third quarter. RH earned $ 7.03 per share excluding items on $ 1.01 billion in revenue. Refinitiv estimated that The Street was expecting $ 6.63 a share on $ 984 million in revenue.


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