Stocks making the biggest moves after hours: Urban Outfitters, Amarin, Endo International and more

CNBC 3 weeks ago

Check out the companies making headlines after the bell:

Shares of Urban Outfitters tanked more than 15% during extended trading after the retailer reported a third-quarter earnings miss on the top and bottom line. The company posted earnings of 56 cents per share on revenue of $987 million, falling short of the 57 cent EPS and revenue of $1 billion Wall Street expected, according to Refinitiv.

Total company same-store sales increased 3%, topping the 2.8% increase analysts expected. Free People same-store sales increased 9%, while Anthropologie's increased by 4%. Analysts had forecast increases of 4.8% and 2.0% respectively, according to Refinitiv consensus estimates. The company's namesake brand posted flat same-store sales growth, however, versus the 2.4% increase expected.

Amarin shares slipped 4% following news that Oppenheimer analyst Leland Gershell downgraded the biopharmaceutical company to underperform with a price target of $7. The analyst cited the shrinking likelihood of the company as an M&A target along with underwhelming sales growth and large selling costs, according to StreetInsider.com. Amarin's shares closed at $22.73 Tuesday and are up approximately 67% year to date.

Shares of Endo International popped 4% after the bell following the company's announcement that the Food and Drug Administration accepted its cellulite treatment for review. The target action date for its license application is July 6, 2020. Endo's shares are down roughly 39% year to date.

Shares of New York Mortgage Trust sank nearly 3% after the real estate investment trust announced a new public offering of 25 million of its common stock. Morgan Stanley will underwrite the offering. The company said it plans to use the funds for general business purposes. Its shares are up roughly 6% year to date.


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Business Insider › 1 month ago
Urban Outfitters is most widely known as a clothing store, but it's also a go-to destination for tech, home, and lifestyle products. From warm winter clothing to the cutest stocking stuffers, Urban Outfitters is well equipped to be your one-stop-shop...
USA Today › Lifestyle › 3 months ago
Looking for cute stuff to style your new apartment? You can get up to 40% off on select furniture, bedding, prints and more at Urban Outfitters.
Business Insider › Finance › 2 months ago
As an avid shopper of URBN brands including Urban Outfitters, Anthropologie, and Free People, I was excited to try the company's new clothing rental service. For just $88 per month, shoppers can rent like-new and vintage clothes hand-selected by the...
HuffPost › Lifestyle › 4 days ago
Urban Outfitters is offering up to 50% off all beauty and grooming today from brands like Ouai, Mario Badescu and Caudalie.
Cleveland › Entertainment › 1 month ago
Urban Outfitters and Peleton are among the new additions coming to the shopping center in Orange.
Forbes › Finance › 1 week ago
Urban Outfitters’ (NASDAQ: URBN) stock has lost nearly 20% of its value over recent weeks primarily because the company fell short of consensus estimates on earnings and revenues for its Q3 results. However, we believe that the market overreacted to...
Forbes › Finance › 1 month ago
Trefis captures trends in Urban Outfitters’ Revenues over recent years in an interactive dashboard along with our forecast. We believe that apparel industry headwinds will be a hurdle to the company’s growth momentum, and will lead to revenue...
CNBC › 2 weeks ago
These are the stocks posting the largest moves before the bell, including Stocks making the biggest moves premarket: Tech Data, Amazon, Walmart, Facebook, VF Corp. and more.
CNBC › 3 weeks ago
Check out the companies making headlines in midday trading.
CNBC › 1 month ago
See which stocks are posting big moves after the bell on Tuesday.
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