Further than Meat, Etsy, Virgin Galactic & far more

Check out the businesses making headlines right after the bell on Thursday:

Further than Meat – Outside of Meat shares rose as a great deal as 14.7% in unstable investing on news that the plant-primarily based organization struck discounts with foods giants McDonalds and Yum Models. Below the deal, Past Meat will supply each organizations with plant-dependent products. Even so, the business also posted quarterly numbers that missed analyst anticipations. Past Meat lost 34 cents per share on revenue of $101.9 million. Analysts expected a decline per share of 13 cents on earnings of $103.2 million, in accordance to Refinitiv.

Etsy – Etsy shares popped 7.3% right after the company’s newest quarterly figures very easily conquer analyst anticipations. The on line retailer posted earnings per share of $1.08 on revenue of $617 million. Analysts polled by Refinitiv envisioned earnings for each share of 59 cents on revenue of $516 million.

Salesforce – The software program company’s stock slid 4.4% even right after the release of superior-than-expected fiscal fourth-quarter success. Salesforce logged a gain of $1.04 per share on revenue of $5.82 billion. Analysts had forecast earnings for every share of 75 cents on earnings of $5.68 billion, according to Refinitiv. Even so, the corporation also issued disappointing earnings advice for the whole yr.

Virgin Galactic – Shares of the place travel company pulled again by 11% soon after Virgin Galactic claimed its upcoming spaceflight exam will be delayed until eventually Might. Virgin Galactic also reported a fourth-quarter reduction that was in line with analyst expectations. Before in the day, the business declared CFO Jon Campagna was stepping down, productive Monday.

DoorDash – Shares of the food stuff courier enterprise dropped 11% right after DoorDash posted its to start with quarterly final results due to the fact going public. The organization posted a income of $970 million, when analysts at Refinitiv believed a income of $938 million. DoorDash also explained to shareholders it expects some of the tailwinds skilled for the duration of the pandemic to relieve as lockdowns are lifted.

Airbnb – The holiday vacation rental firm’s shares ticked up by .2% just after the organization unveiled its initially quarterly report since going general public in December. Airbnb described earnings of $859 million. Wall Avenue analysts polled by Refinitiv experienced forecast earnings of $748 million. The company also described a loss of $11.24 for every share. CNBC does not assess noted earnings to analyst estimates for a company’s initial report right after likely community.

Nikola – The electrical car maker’s stock slipped 1.9% even following the firm posted a scaled-down-than-expected quarterly reduction. Nikola missing 17 cents for each share right after analysts at Refinitiv experienced forecast a loss of 24 cents for every share.