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Home » Stocks Making the Biggest After-hours Moves: Wynn Resorts, Illumina, Unity Software, The Trade Desk and more
Finance

Stocks Making the Biggest After-hours Moves: Wynn Resorts, Illumina, Unity Software, The Trade Desk and more

Justin Ashley
Last updated: 2023/11/10 at 10:55 PM
Justin Ashley
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Stocks Making the Biggest After-hours Moves: Wynn Resorts, Illumina, Unity Software, The Trade Desk and more
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See the companies making headlines in extended trading. Wynn Resorts – Shares fell 6% after the casino operator’s third-quarter earnings. Wynn managed to turn a profit in both revenue and results, but reported a decline in revenue from the previous year for its Encore Boston Harbor. Illumina — The stock fell more than 7%. The biotech company lowered its full-year adjusted earnings forecast to 60 to 70 cents per share, compared with analyst estimates of 80 cents per share, LSEG said. Despite third-quarter earnings per share, revenues were lower than analyst estimates. Synaptics – Shares of the computer hardware company rose more than 10% after first-quarter earnings and revenue both topped Wall Street expectations. Synaptics posted adjusted earnings per share of 52 cents on revenue of $238 million. Analysts had estimated earnings of 40 cents per share on revenue of $233 million, according to LSEG. TKO Group Holdings – Shares of the wrestling media company fell more than 5% after Vince McMahon announced he plans to sell a substantial portion of his stake in the company. Unity Software — The video game software company fell nearly 14% after third-quarter revenue exceeded expectations. The company posted revenue of $544 million, compared to consensus estimates of $554 million, according to LSEG. The company has also refrained from providing forward-looking guidance. The Trade Desk – Shares fell nearly 30% on weak expectations for the current quarter. The company said it expects revenue of $580 million in the fourth quarter, while analysts polled by LSEG had forecast $610 million. Meanwhile, the company posted adjusted earnings and revenue that topped analyst expectations in the third quarter. Capri Holdings – Shares of the luxury fashion group fell 2% after mixed fiscal second quarter results. Capri posted adjusted earnings of $1.87 per share on revenue of $1.29 billion. Analysts had forecast earnings of $1.52 per share on revenue of $1.34 billion. CEO John D. Idol said results fell below the company’s expectations due to macroeconomic headwinds and challenges related to e-commerce implementation.

Justin Ashley 10 November 2023 10 November 2023
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By Justin Ashley
Justin Ashley is a distinguished financial expert with an impressive track record in the world of finance. He embarked on his career at New York Business Times in 2015 as a finance correspondent and has since become a prominent figure in the industry.
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