Snap Inc (NYSE: SNAP) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The social media company reported fourth-quarter revenue of $911 million, up 62% year-over-year and above the Wall Street projection. Net income of $0.09 per share was also higher than what analysts had anticipated.
SNAP shares fell over 5% immediately following the announcement. The stock has tripled in the trailing 12 months.
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings
Shares of Tyson Foods Inc. (NYSE: TSN) were in green territory during afternoon hours on Tuesday. The stock has gained 32% over the past 12 months and 23% since the
Space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) ended the first quarter of 2021 without generating revenue and continued the losing streak even as uncertainty over its test flight