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

Rate Cuts to Energize Markets, Score Investors Tremendous Profits
The Fed Just Opened a Door to Stunning Stock Gains
Apple Intelligence: Redefining AI With the Ultimate Assistant
Point72’s Steve Cohen is stepping back from trading his own book
Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors