Stocks that make the biggest moves after the bell: Under Armor, Mosaic, XPO Logistics & more
Check out the companies making headlines on Monday after the bell:
Mosaic – The fertilizer maker’s shares fell more than 3% in expanded trading after the company’s first quarter results were released. Mosaic made 57 cents per unedited share on sales of $ 2.3 billion. Analysts polled by FactSet expected the company to make 54 cents per share on sales of $ 2.26 billion.
XPO Logistics – XPO Logistics was down 1.8% despite beating estimates for sales and earnings in the first quarter. The Logistics Solutions name earned $ 1.46 per unitemed share, compared to the 97 percent per share expected earnings forecast polled by Refinitiv. Revenue was $ 4.77 billion ahead of an expected $ 4.33 billion.
Under Armor – The retailer’s shares briefly rose more than 1% after the company closed a settlement with the SEC over disclosure errors. Under Armor said in a statement that it has agreed to pay a civil fine of $ 9 million in addition to other non-monetary settlement terms.
ZoomInfo Technologies – ZoomInfo Technologies rose 1.9% on the company’s first quarter results. The software-as-a-service company earned 13 cents per share excluding items for the period and had sales of $ 153.3 million. Analysts polled by FactSet expected the company to earn 10 cents a share and have sales of $ 145.5 million.
SmileDirectClub – Teledentistry company’s shares fell 6.9% after the company reported a system failure last month due to a cybersecurity incident that could have “materially affected” its second quarter results.
Domtar Corporation – Shares rose 16% after Bloomberg reported that Paper Excellence was investigating the company’s privatization. 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 posting false information about the company and is demanding $ 2.85 billion for defamation.
– CNBC’s Yun Li contributed to the coverage.
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