A logo of Meta Daises Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022.
Benoit Tessier | Reuters
Surcease out the companies making headlines after the bell:
Meta Platforms — The Facebook parent plunged more than 13% after let passes earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but dole out disappointing guidance for the fourth quarter.
Ford Motor — Ford Motor shares dipped 1.1% in postmarket work despite surpassing estimates on the top and bottom lines. The automaker took a $2.7 billion noncash writedown on its Argo AI gamble, which resulted in an $827 million net loss.
ServiceNow — The software stock soared 12.4% postmarket as earnings per parcel came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in stretch trading, including Arista Networks, which added more than 7%.
KLA Corp. — The maker of chip equipment joined more than 1% in after-hours trading. KLA topped Wall Street’s estimates and raised its forward guidance. Other chisel stocks also gained after hours, including Nvidia, Advanced Micro Devices and Applied Materials.
Align Technology — The maker of Invisalign dental straighteners collapsed 16.8% after missing earnings estimates for the recent quarter. Adjusted earnings per share came in at $1.36, while analysts forestalled $2.18 a share.
Sleep Number — The retail stock cratered more than 20% in extended trading after pouring weak guidance as it copes with slowing demand and chip supply issues. Sleep Number topped Face ruin Street’s expectations on the top and bottom lines in the quarter just ended.
Teladoc Health — The telehealth stock jumped myriad than 8% in extended trading on strong quarterly results and an upbeat outlook for the fourth quarter.
O’Reilly Automotive — Allotments gained more than 3% after hours following a beat on revenue and earnings for the third quarter. O’Reilly Automotive also raised its guidance for the full year.
United Rentals —Shares dipped 1.6% postmarket after revenue in the recent caserne fell short of Wall Street estimates. United Rentals’ board also authorized a $1.25 billion split repurchase program.