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Home Stocks And Finance

Biggest movers in after-hours trading: Oracle (ORCL), C3.ai (AI), ArcelorMittal (MTN), and Protective Life (PL)

December 9, 2024
in Stocks And Finance
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Biggest movers in after-hours trading: Oracle (ORCL), C3.ai (AI), ArcelorMittal (MTN), and Protective Life (PL)
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Check out the companies making headlines in extended trading: Oracle — Stock in the computer technology company slipped 5% after Oracle slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were looking for $1.48 per share. Oracle’s revenue of $14.1 billion matched analysts’ estimates. MongoDB — Shares added more than 9% after the database company raised its fourth-quarter forecast. MongoDB now expects adjusted earnings per share in the range of 62 cents to 65 cents, while analysts polled by LSEG were looking for 58 cents per share. The firm also expects revenue in the current quarter of $515 million to $519 million, against a forecast $509 million. Vail Resorts — The operator of ski resorts saw shares jump close to 3% after posting a narrower-than-expected loss in the fiscal first quarter. Vail reported an adjusted loss of $4.61 per share on revenue of $260 million. Analysts polled by LSEG were looking for a loss of $5.00 per share and revenue of $253 million. Planet Labs — Shares slipped more than 8% after the Earth imaging company’s fourth-quarter outlook missed expectations. Planet Lab’s forecast revenue of $61 million to $63 million in the current quarter was below a forecast $66.6 million from analysts polled by LSEG. Casey’s General Stores — Shares slipped more than 1% in extended trading. The convenience store chain’s second-quarter revenue of $3.9 million missed the $4.2 billion estimate from analysts polled by LSEG. Earnings of $4.85 per share surpassed the forecast $4.29 in earnings per share. C3.ai — The enterprise artificial intelligence software company soared almost 15%. C3.ai reported an adjusted loss of 6 cents per share in the fiscal second quarter, while analysts polled by LSEG sought a loss of 16 cents per share. Revenue also topped estimates, coming in at $94 million, versus the Street’s call for $91 million. Braze — Shares of the customer engagement platform tumbled nearly 5%. Revenue guidance for the fourth quarter was roughly in line with Wall Street’s expectations, coming in at $155 million to $156 million, while analysts polled by FactSet sought $155.2 million. Braze beat analysts’ forecasts on the top and bottom lines in the third quarter, however. HealthEquity — Stock in the health savings account custodian fell about 5%. HealthEquity’s revenue forecast of $1.275 billion to $1.295 billion for the fiscal year ending Jan. 31, 2026, missed analysts’ expectations for $1.32 billion, per FactSet. — CNBC’s Darla Mercado contributed reporting.



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Tags: afterhoursArcelorMittalBiggestBraze IncBreaking News: MarketsBusinessbusiness newsC3.aiCasey's General Stores IncEconomyHealthequity IncLifeMarket InsiderMarketsMongoDB IncMoversMTNOracleOracle CorpORCLPlanet Labs PBCProtectiveStock marketstradingVail Resorts Inc
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