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Home INTERNATIONAL Tesla, Eastman Kodak, Shutterstock and far more

Tesla, Eastman Kodak, Shutterstock and far more

CEO of Tesla Motors Elon Musk reacts pursuing the firm’s initial public offering at the NASDAQ market in New York June 29, 2010Brendan McDermid | ReutersCheck out the businesses generating headlines immediately after the bell:Tesla — The electric powered automaker jumped 7% in soon after hrs buying and selling immediately after announcing a five-for-one particular stock split. Trading will get started on a stock split-modified basis on August 31, the business reported. Theoretically, the shift could imply far more smaller sized traders could afford the inventory, but absolutely nothing improvements essentially about the security. Eastman Kodak — Shares of the digicam enterprise popped practically 7% in after hrs trading on Tuesday next its quarterly earnings. Kodak explained although the Covid-19 crisis influenced its next quarter volume sales, the corporation expects “improvement in both sales volumes and working capital in Q3.” Kodak’s revenue was down in the next quarter from a calendar year back. Super Micro Computer — Shares of the computer system firm dipped 6% in soon after hours trading soon after issuing weak present quarter earnings steerage. Tremendous Micro Laptop expects to generate involving 10 and 35 cents for each share, which FactSet estimates were contacting for earnings of 56 cents for every share. Viavi Solutions — Shares of the IT expert services company rose 2% following the closing bell on Tuesday subsequent its much better-than-envisioned quarterly earnings. The corporation noted non-GAAP earnings of 18 cents per share, whilst analysts polled by FactSet were expecting 13 cents for each share. Revenue also topped estimates. Vir Biotechnology — Shares of the biotechnology firm jumped approximately 3% in extended buying and selling on Tuesday next its second quarter earnings report. The corporation documented a loss of 27 cents per share, in comparison to a loss of $3.64 for every share a year ago. Shutterstock — Shares of Shutterstock rose slightly in extending investing on Tuesday subsequent its 14.5% fall all through the session. The stock fell after announcing a $250 million public featuring of inventory just after the bell on Monday. The filing claimed $200 million of the share ended up sold by founder Jon Oringer. 

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