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Stocks making the most significant relocations after hours: Affirm, Robinhood and more


May 12, 2022
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Affirm Holdings Inc. site house screen on a notebook computer in an organized photo taken in Little Falls, New Jersey.

Gabby Jones|Bloomberg|Getty Images

Here are the stocks making significant relocations after the bell.

Affirm Holdings— Shares of the buy-now, pay-later loan provider increased more than 20% after Affirm reported a smaller-than-expected loss for the very first quarter. The business stated it lost 19 cents per share, while experts surveyed by Refinitiv anticipated a loss of 51 cents per share. Income likewise was available in much better than price quotes, and Affirm revealed it was extending its collaboration with Shopify

Robinhood— The retail brokerage stock leapt about 30% after a security filing revealed that FTX creator Sam Bankman-Fried had actually bought a 7.6% stake in Robinhood through a holding business.

Toast— Shares of the dining establishment payment service business acquired 3% after Toast reported first-quarter income of $535 million. Experts surveyed by Refinitiv were searching for $491 million. Toast stated it included more than 5,000 net places last quarter for the very first time and likewise raised its full-year income assistance.

Poshmark— The e-commerce stock whipsawed after a better-than-expected second-quarter report. Poshmark lost a changed 18 cents per share on $90.9 countless income. Experts surveyed by Refinitiv had actually booked a loss of 22 cents per share and $87.5 countless income. Overall income and active purchasers increased year-over-year for Poshmark.

Figs— Shares of the garments business dropped more than 25% on the heels of Figs reporting weaker-than-expected first-quarter income. Figs reported $110.1 countless income, while experts surveyed by StreetAccount were anticipating $117.3 million. Figs likewise cut its full-year income assistance, mentioning supply obstacles and other elements.

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