Stock Groups

Beyond Meat, Etsy & more

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Beyond Meat’s “Beyond Burger”, patties that are made of plant-based alternatives to meat, sit on New York City’s shelves.

Angela Weiss | AFP | Getty Images

You can see the headline-grabbing companies after bell

Beyond Meat — Shares of the alternative meat producer tumbled more than 11% in extended trading after the company reported a wider-than-expected lossIts fourth quarter revenue was down and it is expected to shrink further. Beyond Meat has also issued a poor forecast for its revenue in 2022.

Coinbase — Shares of the crypto trading platform dipped more than 5% in after-hours trading even after the company reported fourth-quarter earnings that beat analyst estimates. Analyst estimates were beaten by the firm’s prediction that total trading volume and retail monthly transactions users would decline in Q1 2022, compared with Q4 2021.

Etsy — The online marketplace saw its stock pop a whopping 15% after the company beat analysts’ estimates for the fourth quarter. According to Refinitiv, Etsy posted earnings of $1.11 per Share for its December quarter. This was higher than analysts’ consensus estimates of 79c, which is according to Refinitiv. The quarterly revenue was also higher than expected.

KAR Auction Services — Shares of the used car company soared more than 60% in extended trading after it said it has agreed to be acquired by CarvanaIn a $2.2 Billion all-cash transaction. Carvana stock dropped more than 10% after hours trading.

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