Stock Market

In this article

Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020.
David Paul Morris | Bloomberg | Getty Images

Check out the companies making headlines after the bell on Thursday:

Disney — Disney shares slipped more than 3% after the company’s fiscal second-quarter revenue missed analyst expectations. The media giant reported revenue of $15.61 billion, which was short of the $15.87 billion analysts surveyed by Refinitiv were expecting. The company also reported lower-than-expected subscriber counts for its streaming service. Disney earned 79 cents per share excluding items, which was ahead of the 27 cent per share profit the Street was expecting.

Airbnb — Shares of the home-renting company dipped 0.1% after Airbnb released its first-quarter results. The company posted revenue of $886.9 million, which was ahead of the $714.4 million analysts surveyed by Refinitiv were expecting. However, the company’s net loss tripled due to debt repayments and restructuring costs.

Coinbase — Coinbase shares slid 3.8% even after the company said its net income skyrocketed during the first quarter. The company’s net profit for the quarter was over $771 million, compared to $177 million in the fourth quarter of 2020. Monthly transacting users more than doubled.

DoorDash — Shares of the food delivery company jumped more than 8% on the back of the company’s first-quarter results. DoorDash reported revenue of $1.08 billion, which was ahead of the $994.3 million analysts surveyed by FactSet were expecting.

Become a smarter investor with CNBC Pro
Get stock picks, analyst calls, exclusive interviews and access to CNBC TV. 
Sign up to start a free trial today

Articles You May Like

Nick Candy vows to help Reform disrupt British politics ‘like we have never seen’
Choppy market sessions may be ahead
Munis sell off as macroeconomic, policy volatility weigh heavily over markets
The Federal Reserve cuts interest rates by another quarter point. Here’s what that means for you
Texas clears Wells Fargo after bank quits Net-Zero alliance