Stocks making the biggest moves after the bell: Under Armor, Mosaic, XPO Logistics & more
Check out the companies making headlines after the bell on Monday:
Mosaic – Shares of the fertilizer maker dipped more than 3% in extended trading after the company’s first-quarter results were released. Mosaic earned 57 cents per share excluding items on $ 2.3 billion in revenue. Analysts surveyed by FactSet were expecting the company to earn 54 cents per share on $ 2.26 billion in revenue.
XPO Logistics – XPO Logistics slid 1.8% despite the company beating top and bottom line estimates during the first quarter. The logistics solutions name earned $ 1.46 per share excluding items, compared to the expected 97-cent per share profit analysts surveyed by Refinitiv were expecting. Revenue came in at $ 4.77 billion, ahead of the expected $ 4.33 billion.
Under Armor – Shares of the retailer briefly gained more than 1% after the company said it has entered into a settlement with the SEC over disclosure failures. Under Armor said in a statement that it has agreed to pay a civil monetary penalty of $ 9 million, in addition to other non-monetary settlement terms.
ZoomInfo Technologies – ZoomInfo Technologies climbed 1.9% on the back of the company’s first-quarter earnings. The software-as-a-service company earned 13 cents per share for the period, excluding items, while posting revenue of $ 153.3 million. Analysts surveyed by FactSet were expecting the company to earn 10 cents per share and report sales of $ 145.5 million.
SmileDirectClub – Shares of the teledentistry company dropped 6.9% after the firm said it experienced a systems outage last month due to a cybersecurity incident, which may have a “material impact” on its second-quarter results.
Domtar Corporation – Shares jumped 16% following a report from Bloomberg that Paper Excellence is exploring taking the company private. The report cites people familiar with the matter.
Disclosure: NBC Nightly News investigated SmileDirectClub’s customer complaints in February. The company accused NBC Universal of publishing false information about the company and is seeking $ 2.85 billion for defamation.
—CNBC’s Yun Li contributed reporting.
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