Top trending stocks after hours

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34,086.87
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1,853.78
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Crude Oil
80.95
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21.08
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3.7580
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141.1860
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16,167.00
+341.92(+2.16%)
CMC Crypto 200
373.05
+8.49(+2.33%)
FTSE 100
7,452.84
+75.99(+1.03%)
Nikkei 225
28,115.74
+170.95(+0.61%)

Stocks to watch in after-hours: Zoom, Urban Outfitters, Dell

That stock off nearly
5% now after-hours.

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Top trending stocks after hours: Zoom, Urban Outfitters, Dell

Seana Smith

·Anchor

Tue, November 22, 2022, 7:59 AM·1 min read

Zoom (ZM): The company cut its fourth quarter and full-year revenue guidance, sending shares lower by more than 4% in extended trading. Zoom sees fourth-quarter revenue $1.10 billion to $1.11 billion, short of Wall Street’s estimate of $1.12 billion. Zoom sees full-year revenue of $4.37 billion to $4.38 billion, lower than its prior view of $4.39 billion to $4.40 billion. For the third quarter, Zoom reported adjusted earnings of $1.07 per share on revenue of $1.10 billion.

Urban Outfitters (URBN): The retailer’s third-quarter sales beat estimates, sending shares higher in after hours trading. Sales for the three month period rose 3.9% from a year ago to a record $1.18 billion. Comparable retail segment sales rose 4%, double analyst estimates of 2% growth. CEO Richard Hayne noted demand looks strong for the current quarter, writing in the company’s earnings release “As we approach the all-important Black Friday/Cyber Monday weekend, we are encouraged by sales quarter-to-date.”

Dell (DELL): The company posted better than expected third-quarter earnings on both the top and bottom lines but fourth quarter guidance weighed on shares in extended trading. Dell sees Q4 revenue of $23 billion to $24 billion, short of the street’s estimate of $24.87 billion.

For the third quarter, adjusted earnings were $2.30 per share on revenue of $24.72 billion.

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