Past Meat “Past Burger” patties produced from plant-based substitutes for meat merchandise take a seat on a shelf on the market in New York Town.
Angela Weiss | AFP | Getty Photographs
Take a look at the corporations making headlines after the bell:
Past Meat — Stocks of the beef choice manufacturer tumbled greater than 11% in prolonged buying and selling after the corporate reported a wider-than-expected loss and shrinking earnings for its fourth quarter. Past Meat additionally launched a vulnerable forecast for its 2022 earnings.
Coinbase — Stocks of the crypto buying and selling platform dipped greater than 5% in after-hours buying and selling even after the corporate reported fourth-quarter profits that beat analyst estimates. The corporate predicted that retail Per 30 days Transaction Customers and overall buying and selling quantity can be decrease in Q1 2022 when put next with This fall 2021.
Etsy — The net market noticed its inventory pop a whopping 15% after the corporate beat analysts’ estimates for the fourth quarter. Etsy reported profits of $1.11 according to proportion for the December quarter, forward of analysts’ consensus expectancies of 79 cents, in line with Refinitiv. Its quarterly earnings additionally got here in above expectancies.
KAR Public sale Services and products — Stocks of the used automobile corporate soared greater than 60% in prolonged buying and selling after it stated it has agreed to be obtained through Carvana in a $2.2 billion all-cash deal. Carvana, which additionally reported a wider-than-expected loss for the fourth quarter, noticed its inventory fall greater than 10% in after-hours buying and selling.
