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Home»Business»Stocks making biggest moves after hours: NVDA, SNOW and more
Business

Stocks making biggest moves after hours: NVDA, SNOW and more

November 20, 2024No Comments2 Mins Read
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Check out the companies making headlines in extended trade: Nvidia – The darling of artificial intelligence fell nearly 2% in the third quarter despite beating forecasts and giving strong guidance. Nvidia posted 81 cents in adjusted earnings per share on revenue of $35.08 billion. Analysts polled by LSEG had expected earnings of 75 cents per share and $33.16 billion. Snowflake – The cloud stock rose 18% after beating third-quarter earnings expectations and giving strong guidance. Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million, while analysts polled by LSEG had forecast earnings of 15 cents per share and revenue of $897 million. Palo Alto Networks – Cybersecurity shares fell 5%. Palo Alto announced a stock split. The company issued fiscal second-quarter guidance that saw adjusted earnings of $1.54 to $1.56 per share on revenue of $2.22 billion to $2.25 billion. That roughly matched the Street’s forecast of $1.55 per share in earnings and $2.23 billion in revenue, per FactSet. Jack in the Box – The restaurant chain fell 5.6% after reporting fiscal fourth-quarter revenue of $349.3 million, compared with the $356.7 million forecast by analysts polled by FactSet. On the other hand, Jack in the Box earned $1.16 per share, excluding items, which was 7 cents more than what Wall Street had written.



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