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Home›Software Stocks›Stocks make the biggest moves after hours: Nvidia, Salesforce and more

Stocks make the biggest moves after hours: Nvidia, Salesforce and more

By Katharine Fleischmann
August 24, 2022
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In this photo illustration, Nvidia Corporation stock chart is seen on a smartphone screen.

Raphael Henrique | Sopa Pictures | Light flare | Getty Images

Find out which companies are making headlines after hours trading.

Nvidia – Nvidia slid 2.5% after quarterly earnings beat Wall Street expectations for revenue and earnings. Nvidia reported adjusted earnings per share of 51 cents versus $1.26 expected. Revenue was $6.7 billion while analysts expected $8.10 billion, according to Refinitiv.

Salesforce – Salesforce fell 4.7% when the company gave weaker-than-expected third-quarter and full-year earnings and revenue guidance. Otherwise, the customer relationship management software maker reported results that beat Wall Street expectations for revenue and earnings last quarter.

Snowflake – Snowflake jumped 16.2% after revenue significantly beat analysts’ estimates. Revenue of $497 million beat estimates of $467 million, per Refinitiv.

Autodesk – Autodesk climbed 7.8% after results beat analysts’ expectations for the software maker. The company reported adjusted $1.65 per share and $1.24 billion in sales.

NetApp – NetApp gained 3.2% after hours on Wednesday after quarterly earnings beat Wall Street expectations on both earnings and earnings.

Splunk – Splunk lost 4.5% after reporting quarterly results after the bell. The company fell even though it posted better-than-expected revenue and a lower loss. Still, he noted that headwinds affected the quarter.

Victoria’s Secret – Retailer Victoria’s Secret fell 6.1% after sales and profits fell short of Wall Street estimates. The company reported earnings per share of 83 cents and $1.521 billion in sales, while analysts had expected earnings of 95 cents and sales of $1.56 billion, per Refinitiv.

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