Shares making greatest after hour strikes: Novavax, Allbirds and extra

A girl holds a small bottle categorized with a “Coronavirus COVID-19 Vaccine” decal and a scientific syringe in entrance of displayed Novavax brand on this representation taken, October 30, 2020.

Dado Ruvic | Reuters

Check out the corporations making headlines after hours.

Novavax — The biotech inventory dropped 32% after Novavax cut its full-year revenue guidance because of deficient call for for its Covid vaccines.

Take-Two Interactive Software — Shares dropped 6% after the online game corporate at the back of titles akin to Grand Theft Auto reported weaker-than-expected earnings. Take-Two reported $1 billion in income, lower than the $1.09 billion projected by means of analysts surveyed by means of Refinitiv.

Upstart — Shares fell 7% after the patron lending corporate posted disappointing moment quarter effects. Upstart earned 1 cent according to proportion on income of $228.2 million. Analysts surveyed by means of Refinitiv had been estimating income of 10 cents according to proportion on income of $241.6 million.

Allbirds — The shoes inventory dropped 12% after Allbirds cut its outlook for the year and introduced cost-cutting efforts, mentioning weaker client spending. The shoes and attire corporate another way beat expectancies in its second-quarter effects, when put next with consensus estimates from Refinitiv.

Hims & Hers Health — Shares received greater than 4% after the telehealth corporate reported quarterly results and raised its complete yr outlook, mentioning endured momentum within the collection of web new subscriptions.

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