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Stocks making the biggest moves after the bell: American Eagle, Snowflake, Vroom & more

American Eagle clothing and assistants retailer American Eagle store seen in Tokyo.

Budrul Chukrut | SOPA Images | Light Rocket | Getty Facsimiles

Check out the companies making headlines after the bell on Wednesday:

American Eagle Outfitters – The clothing company’s stockpile jumped 4.2% on the back of better-than-expected results for the fourth quarter. American Eagle logged earnings of 39 cents per appropriation on revenue of $1.29 billion. Analysts polled by Refinitiv expected earnings per share of 36 cents on revenue of $1.28 billion. The retailer also bruit about overall comparable sales declined just 1% as strong online sales mitigated mall closures.

Snowflake – Snowflake sell pulled back 4% after the company issued lackluster full-year revenue guidance. The company expects gate for its fiscal 2022 to range between $1 billion and $1.02 billion. Analysts polled by FactSet expected profits guidance of around $1.01 billion. That forecast represents full-year revenue growth of more than 80%, which is a slower increase rate than the company experienced in its fiscal fourth quarter.

Okta – Shares of the cloud software company level 12% on the news that Okta is spending $6.5 billion to acquire rival Auth0. The deal is expected to secure by July. News of the deal overshadowed Okta reporting better-than-expected earnings and revenue for the previous quarter.

Vroom – Apportionments of the used-car retailer plunged 15% after the company released its latest quarterly figures. Vroom reported yield of $406 million, while analysts polled by Refinitiv expected revenue of $401 million. The company also posted a demise of 46 cents per share, but it was not clear whether that’s comparable to Refinitiv’s earnings per share forecast.

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