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Shares making the largest strikes after hours: Coinbase, Poshmark, FuboTV & extra

Poshmark Inc. signage outdoors the Nasdaq MarketSite in the course of the firm’s preliminary public providing (IPO) in New York, U.S., on Thursday, Jan. 14, 2021.

Michael Nagle | Bloomberg | Getty Pictures

Take a look at the businesses making headlines in after-hours buying and selling.

Poshmark — Shares of the retailer dipped practically 7% in prolonged buying and selling following the corporate’s second-quarter outcomes. Poshmark misplaced 4 cents per share whereas reporting income of $81.eight million. Analysts surveyed by Refinitiv have been anticipating a six-cent loss per share and $80.three million in income.

Coinbase — Coinbase shares whipsawed after the corporate’s second-quarter outcomes topped expectations. The cryptocurrency trade reported income of $2.23 billion, which was forward of the $1.78 billion that analysts surveyed by Refinitiv have been anticipating.

ThredUp — ThredUp shares gained 7% after the corporate beat top-line estimates in the course of the second quarter. ThredUp reported income of $60 million, in comparison with the $56 million analysts surveyed by Refinitiv have been anticipating.

FuboTV — Shares of the streaming firm rose 10% following Fubo’s second-quarter outcomes. The corporate reported income of $130.9 million. Analysts have been anticipating $118.three million, in keeping with Refinitiv.


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