Stock Market

New Home Construction by KB Home in California
Bloomberg | Getty Images

Check out the stocks making headlines in extended trading on Wednesday.

KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company reported $1.4 billion in revenues, missing consensus estimates of $1.5 billion.

GameStop — The meme stock dipped 1.1% after hours. The video game retailer’s stock price soared during the regular trading session, following Tuesday’s report that GameStop Chair Ryan Cohen on Tuesday bought an additional 100,000 shares. Cohen expanded his stake to 11.9% in the video game retailer.

Spotify — Shares for the streaming company popped 6% following reports that Google will reduce app commission fees for Android developers, starting with Spotify.

Articles You May Like

Evergrande rejects report it artificially ‘inflated revenue,’ court delays liquidation hearing
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer
2023 was the least affordable homebuying year in at least 11 years, Redfin says