Stocks making the biggest moves after the bell: Etsy, Zynga, Sunrun & more

Market Insider

In this article

Check out the companies making headlines after the bell on Wednesday:

Etsy — Shares of Etsy slid 7% despite the company its results beating top and bottom-line estimates for the first quarter. The e-commerce company earned $1 per share, compared to the 88-cent per share profit analysts surveyed by Refinitiv were expecting. Revenue came in at $551 million, also ahead of the expected $530 million.

Sunrun — The solar company’s stock gained more than 3% in extended trading on the back of Sunrun’s first-quarter results. The company lost 12 cents per share on $334.8 million in revenue. Analysts surveyed by FactSet were expecting the company to lose 9 cents per share and report $322.3 million in sales.

Fastly — Shares of Fastly dropped more than 14% after the company posted disappointing results for the previous quarter. The content delivery company lost 12 cents per share excluding items and reported revenue of $84.9 million. Analysts surveyed by Refinitiv expected an 11 cent loss and $85.1 million in revenue.

Zynga — Zynga shares gained 5% after the release of the company’s latest quarterly update. The game developer reported first-quarter bookings of $720 million, compared to the $684.6 million print analysts surveyed by FactSet were expecting.

Become a smarter investor with CNBC Pro
Get stock picks, analyst calls, exclusive interviews and access to CNBC TV. 
Sign up to start a free trial today

Articles You May Like

Big Oil Is Betting Big on Hydrogen
10 Warren Buffett Stocks to Buy for the Second Half of 2022
With Musk Describing Gigafactories as “Money Furnaces,” Should You Buy Telsa Stock?
Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and more
Stocks making the biggest moves midday: Nike, Las Vegas Sands, Boston Beer and more