{"id":31268,"date":"2022-05-31T23:44:29","date_gmt":"2022-05-31T23:44:29","guid":{"rendered":"https:\/\/harchi90.com\/stocks-moving-most-after-hours-salesforce-ambarella-and-more\/"},"modified":"2022-05-31T23:44:29","modified_gmt":"2022-05-31T23:44:29","slug":"stocks-moving-most-after-hours-salesforce-ambarella-and-more","status":"publish","type":"post","link":"https:\/\/harchi90.com\/stocks-moving-most-after-hours-salesforce-ambarella-and-more\/","title":{"rendered":"Stocks moving most after hours: Salesforce, Ambarella and more"},"content":{"rendered":"
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Salesforce<\/p>\n

Noam Galai | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Here are the stocks making notable moves in extended trading on Tuesday.<\/em><\/p>\n

Salesforce – Shares of the software giant rose 6% after Salesforce issued stronger-than-expected first-quarter results. The company reported 98 cents in adjusted earnings per share on $ 7.41 billion of revenue. Analysts surveyed by Refinitiv were expecting 94 cents per share and $ 7.38 billion of revenue. Forward guidance, however, was mixed, with second-quarter projections for earnings and sales coming in below estimates.<\/p>\n

Ambarella – The chip stock fell more than 7% after Ambarella’s revenue guidance for the second quarter came in below analyst expectations. The company’s CEO said in a release that Ambarella’s near-term outlook was being hurt by the Covid wave in China. First-quarter results, however, were better than expected.<\/p>\n

Victoria’s Secret – The apparel stock gained about 4% after Victoria’s Secret topped earnings estimates for the first quarter. The company earned an adjusted $ 1.11 in earnings per share, which was 27 cents per share higher than analysts surveyed by Refinitiv were expecting. Revenue, however, was in-line with expectations, and second-quarter guidance for earnings came in below estimates.<\/p>\n