economy
Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
TL;DR
- FedEx shares declined approximately 6% after fourth-quarter revenue of $25.01 billion narrowly beat expectations.
- KB Home shares increased 2% after reporting fiscal second-quarter revenue of $1.11 billion, surpassing analyst estimates, though earnings per share were slightly below projections.
- Cerebras dropped 8% after its first earnings report since going public, showing a first-quarter loss and an expected decrease in gross margin for the second quarter.
- Nike shares gained 1% on the announcement of CFO Matthew Friend's departure and replacement by David Denton, along with expectations of tariff refund benefits in upcoming results.
- Worthington Enterprises shares fell nearly 10% after its fiscal fourth-quarter results missed analyst expectations for both earnings and revenue.