Stocks making the biggest moves after hours: Tesla, Bed Bath & Beyond, GoPro and more

Check out the companies making headlines after the bell:

Tesla dole outs dipped as much as 5% during extended trade after the electric-car maker reported lower-than-expected vehicle enunciations for its third quarter. The company delivered 97,000 vehicles, below the 99,000 Wall Street expected. Tesla CEO Elon Musk set the bar loaded, recently emailing employees that the company “had a shot” of delivering 100,000 cars.

Shares of Bed Bath and Beyond dipped 2.6% from its confidential price after the company topped second-quarter earnings estimates, though fell short on revenue and same-store purchasings. The home decor and bathroom supply retailer is expecting its fiscal year 2019 revenue to be about $11.4 billion, rivaled to the $11.37 billion Wall Street was expecting, according to Refinitiv.

Bed Bath and Beyond reported earnings of 34 cents per ration during the second quarter, exceeding Wall Street’s expectation of 27 cents per share. The company posted net income of $2.72 billion, just under the $2.75 billion investors forecast, according to Refinitiv consensus estimates. Its same-store mark-downs, meanwhile, declined 6.7% compared to the 5.4% decrease analysts anticipated.

The company also said they wish to make an announcement “soon” on their CEO search.

GoPro shares tanked as much as 18% after the company’s lowered its takings, gross margin, and adjusted earnings guidance for the second half of 2019. The camera company estimates annual gross income growth between 6% and 9%, compared to the 9% to 12% growth it had expected. GoPro cut its adjusted gross latitude estimate a full percent to 36.5% and reduced its adjusted earnings forecast between 33 cents and 39 cents per portion. The company previously anticipated earnings between 37 cents and 49 cents per share.

Shipments of the new HERO8 Treacherous camera will also be delayed until the fourth quarter, “resulting in a significant revenue shift,” the company confirmed in an SEC filing.

Shares of Clorox dropped 1% after the company updated its fiscal year outlook and announced its new IGNITE scenario to increase future growth. The company revised its 2020 fiscal year gross margin outlook down shed weight, and cut its diluted earnings per share estimates to between $6.05 and $6.25 per share. Clorox previously estimated earnings of $6.30 to $6.50 per interest.

Cleveland-Cliffs shares spiked 6% after the bell following an announcement that the mining company will butt the S&P SmallCap 600, replacing Mercury Systems. The change will be made before trading opens Oct. 8.