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Past Meat “Past Burger” patties produced from plant-based substitutes for meat merchandise sit on a shelf on the market in New York Metropolis.
Angela Weiss | AFP | Getty Photos
Take a look at the businesses making headlines after the bell:
Past Meat — Shares of the meat different producer tumbled greater than 11% in prolonged buying and selling after the corporate reported a wider-than-expected loss and shrinking income for its fourth quarter. Past Meat additionally launched a weak forecast for its 2022 income.
Coinbase — Shares of the crypto buying and selling platform dipped greater than 5% in after-hours buying and selling even after the corporate reported fourth-quarter earnings that beat analyst estimates. The corporate predicted that retail Month-to-month Transaction Customers and complete buying and selling quantity can be decrease in Q1 2022 in contrast with This autumn 2021.
Etsy — The net market noticed its inventory pop a whopping 15% after the corporate beat analysts’ estimates for the fourth quarter. Etsy reported earnings of $1.11 per share for the December quarter, forward of analysts’ consensus expectations of 79 cents, in keeping with Refinitiv. Its quarterly income additionally got here in above expectations.
KAR Public sale Companies — Shares of the used automobile firm soared greater than 60% in prolonged buying and selling after it mentioned it has agreed to be acquired by Carvana in a $2.2 billion all-cash deal. Carvana, which additionally reported a wider-than-expected loss for the fourth quarter, noticed its inventory fall greater than 10% in after-hours buying and selling.
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