Workday stock rose over 6% in after-hours trading following better-than-expected third-quarter results, with adjusted earnings of $1.53 per share on revenue of $1.87 billion, beating analyst estimates of $1.41 per share and $1.85 billion in revenue. The data infrastructure firm NetApp also saw a nearly 10% increase in its stock after reporting adjusted earnings of $1.58 per share and $1.56 billion in revenue for its fiscal second quarter, surpassing analyst expectations. However, Leslie’s stock plummeted more than 16% after the company projected a wider-than-expected loss for the first quarter, and Jabil shares fell over 8% after issuing a lower revenue forecast for the fiscal first quarter of 2024.
Las Vegas Sands slipped 3.5% after the announcement that Miriam Adelson would sell $2 billion in shares to purchase a professional sports team, while shares of the Daily Journal are also expected to be active following the death of chair and publisher, Charlie Munger, at age 99.
With CNBC’s Contessa Brewer and Darla Mercado contributing to this report, the stock market has seen notable movements in after-hours trading.
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