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Stocks making the biggest moves after hours: DAL, ORCL

by Investor News Today
March 11, 2025
in Market Updates
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Stocks making the biggest moves after hours: DAL, ORCL
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Take a look at the businesses making headlines in after-hours buying and selling: Delta Air Traces — Shares of the airline operator slid about 14%. The corporate dialed again its forecast for the primary quarter, citing “the current discount in client and company confidence attributable to elevated macro uncertainty.” Delta now sees year-over-year income development of three% to 4% for the interval, down from a projected improve of seven% to 9%. The corporate additionally dialed again its earnings outlook to 30 cents to 50 cents per share, in comparison with an earlier forecast of 70 cents to $1 per share. Oracle — The cloud computing inventory gained 3%. Oracle introduced it was elevating its quarterly dividend by 25% to 50 cents per share. Individually, fiscal third-quarter outcomes missed Wall Road’s expectations on the highest and backside strains. Asana — Shares plunged greater than 25% after CEO Dustin Moskovitz introduced he’s going to retire . The corporate additionally issued weak steerage. Asana expects first-quarter income of between $184.5 million and $186.5 million, beneath the $191 million analysts have been anticipating, in response to LSEG. In the meantime, the corporate anticipates full-year income will are available in at $782 million to $790 million, whereas analysts had estimated $803.5 million. Redfin — Shares of the actual property firm pulled again greater than 3%, giving again a few of Monday’s almost 68% acquire. On Monday, Redfin introduced Rocket Corporations will purchase the corporate in an all-stock $1.75 billion deal , which is anticipated to shut within the second or third quarter of this 12 months. Vail Resorts — The inventory gained greater than 4% on the heels of its better-than-expected fiscal second-quarter earnings report. Vail reported earnings of $6.56 per share, above the $6.31 per share that analysts surveyed by LSEG had sought. Income for the interval got here according to expectations at $1.14 billion. — CNBC’s Darla Mercado contributed reporting.



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