December 10, 2022

Raven Tribune

Complete News World

Beyond Meat, Etsy and More

Beyond Meat, Etsy and More

Beyond Meat “Beyond Burger” patties made with vegan alternatives to meat products are on a shelf for sale in New York City.

Angela Weiss | AFP | Getty Images

Check out the companies making headlines after the bell:

Beyond Meat Shares of the alternative meat producer fell more than 11% in extended trading after the company Reported a wider loss than expected Revenue shrank in the fourth quarter. Beyond Meat also released a poor forecast for its 2022 revenue.

Queen Piece – Shares of the cryptocurrency trading platform are down more than 5% in after-hours trading even after the company reported it Fourth Quarter Earnings It beat analyst estimates. The company has forecast that retail monthly transaction users and total trading volume will decrease in the first quarter of 2022 compared to the fourth quarter of 2021.

etsy The internet market saw its stock rise 15% after the company beat analyst estimates for the fourth quarter. Etsy reported earnings of $1.11 per share for the December quarter, beating analyst expectations of 79 cents, according to Refinitiv. Its quarterly revenue came in above expectations.

Car Auction Services – The used car company’s shares rose more than 60% in extended trading after it said it had agreed to acquire it Carvana In a cash deal worth $2.2 billion. Carvana, which also posted a larger-than-expected loss for the fourth quarter, saw its stock plunge more than 10% in after-hours trading.

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