Stocks making the biggest moves after the bell: T-Mobile, Costco, Baidu & more

Stock Market

People walk by a T-Mobile store in San Francisco, California

Justin Sullivan | Getty Images

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

T-Mobile — T-Mobile shares rose more than 2% in after-hours trading after Warren Buffett’s Berkshire Hathaway disclosed a stake in the mobile networking company. A 13F filing showed the conglomerate bought 2.4 million shares of T-Mobile in the third quarter.

Costco — Shares of the wholesale giant popped more than 2% after the company declared a special cash dividend of $10 per share. CFO Richard Galanti said this is possible thanks to Costco’s “strong balance sheet.”

SmileDirectClub — SmileDirectClub traded 3.2% higher after the bell on the back of better-than-expected quarterly results. The tele-dentistry company posted a loss of 11 cents per share on revenue of $168.5 million. Analysts polled by Refinitiv expected a loss of 14 cents per share on revenue of $146.2 million.

Baidu — The Chinese internet company saw its stock dip 0.6% even after the release of quarterly results that beat analyst expectations. Baidu reported a profit of CNY20.35 per share, adjusted, on revenue of CNY28.23 billion. Analysts had forecast earnings per share of CNY13.62 on revenue of CNY27.45 billion.

Products You May Like

Articles You May Like

Mortgage demand from homebuyers surges after election pause
Cramer calls this stock market environment ‘the most speculative’ he’s ever seen
Relativity Space adds $500 million to ‘war chest’ for scaling production of 3D-printed rockets
Biden plans to nominate Janet Yellen for Treasury secretary
Knock Home Swap: A Timely Solution For Home Sellers Who Are Also Home Buyers To Bid Competitively

Leave a Reply