Sunday, September 25, 2022

Stocks making the biggest moves after hours: DocuSign, Zscaler and more

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World’s largest rice exporter India restricts shipments after below-average monsoon rainfall

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Interior Design area of the Restoration Hardware store in the Meatpacking District of New York.

Source: RH

Check out the companies making headlines after hours.

DocuSign — Shares surged more than 17% after the electronic agreements company reported an earnings beat, and issued a third-quarter revenue forecast that was above expectations. DocuSign reported earnings of 44 cents per share on revenue of $622 million. Analysts surveyed by Refinitiv estimated earnings of 42 cents per share on revenue of $602 million.

Zscaler — The stock jumped 10.9% after Zscaler reported better-than-expected results. Zscaler earned 25 cents per share, on a non-GAAP basis, beating consensus estimates of 20 cents per share, according to Refinitiv. Revenue came in at $318 million, outpacing forecasts of $305 million.

RH — Shares rose 1.3% after the luxury home furnishings retailer reported earnings that beat profit and revenue expectations. However, the company also issued a weaker-than-expected third-quarter revenue outlook, saying higher mortgage rates will weigh on the housing market.

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Chinese electric car giant BYD plans to build a factory in Thailand

Chinese electric car company BYD has expanded rapidly overseas, including announcements in recent months of plans to enter Thailand's and Japan's passenger car markets....

Use options to bet on volatility for these stocks with upcoming analyst days, Goldman says

Second-quarter earnings season is in the rear-view mirror, but there is still a busy calendar in the weeks ahead that could give a jolt...

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Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time.James Glover II | ReutersTesla has shaken up...

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Indian farm workers transplant rice paddy amid the state's ongoing monsoon on August 02, 2022 in Hooghly district in the state of West Bengal,...

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