{"id":143523,"date":"2021-11-02T23:47:09","date_gmt":"2021-11-02T23:47:09","guid":{"rendered":"https:\/\/precoinnews.com\/?p=143523"},"modified":"2021-11-02T23:47:09","modified_gmt":"2021-11-02T23:47:09","slug":"stocks-making-the-biggest-moves-after-hours-bed-bath-beyond-caesars-entertainment-lyft-and-more","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-after-hours-bed-bath-beyond-caesars-entertainment-lyft-and-more\/","title":{"rendered":"Stocks making the biggest moves after hours: Bed Bath & Beyond, Caesars Entertainment, Lyft and more"},"content":{"rendered":"
Check out the companies making headlines after the bell Tuesday<\/em>:\u00a0<\/p>\n Bed Bath & Beyond \u2014 Bed Bath & Beyond shares soared 74% after the company announced various strategic changes to speed up growth, including a partnership with Kroger, the largest grocery chain in the U.S. Kroger's online customers will have access to Bed Bath's products.<\/p>\n T-Mobile US \u2014 Shares of T-Mobile rose more than 2% in extended trading after the telecom company posted a stronger-than-expected profit for the previous quarter. T-Mobile earned 55 cents a share, topping a Refinitiv forecast of 53 cents per share. However, the company's revenue came in at $19.62 billion. Analysts expected sales of $20.19 billion, according to Refinitiv. <\/p>\n Lyft \u2014 Lyft jumped 10.3% after reporting better-than-expected third-quarter results. The ridesharing company posted a profit of 5 cents per share, while analysts polled by Refinitiv had forecast a loss of 3 cents per share. The company's revenue of $864.4 million was just above expectations. Revenue per active rider \u2014 a key metric for the company \u2014 also beat a StreetAccount estimate. To be sure, Lyft's 18.94 million active riders was below a consensus forecast of 19.7 million. <\/p>\n Activision Blizzard \u2014 The video game company reported better-than-expected quarterly earnings.. Activision earned 72 cents per share, while analysts polled by Refinitiv expected a profit of 70 cents. It also reported revenue of $1.88 billion, right in line with analysts' expectations. Activision shares, however, were down nearly 10% after the bell. <\/p>\n Caesars Entertainment \u2014 The casino and entertainment giant saw its shares fall nearly 6% after reporting EBITDA of $882 million, falling short of a $937 million StreetAccount estimate. Caesars said its results were pressured by a loss in its digital business. The company has said it plans to invest more in digital sports betting and iGaming. <\/p>\n Zillow \u2014 Zillow shares fell 8% after the real estate company announced it's closing its home buying and flipping business. The company also said it's eliminating a quarter of its workforce. <\/p>\n