LATAM, Micron, Las Vegas Sands and more



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Passengers seen flying on a LATAM Airlines Airbus 320 at Puerto Maldonado Airport are also known as Padre Aldamiz International Airport.

John Milner | LightRocket | Getty Images

Discover the companies that make the headlines after the bell:

Shares of LATAM Airlines have risen more than 47% after the announcement of a CNBC report that Delta Airlines plans to buy 20% of the $ 1.9 billion capital of the most big airline of Latin America.

Shares of the Brazilian airline GOL fell by nearly 11 percent after Delta announced that it would also leave its minority stake in GOL, which competes with LATAM in the region.

Micron shares slid 7.75% over the protracted trading period after the company posted mixed Q1 forecasts of adjusted earnings per share of between 39 and 52 cents and a forecast of $ 1.5 billion. business between 4.8 and 5.2 billion dollars. Analysts were expecting a future quarterly profit of 48 cents per share and a turnover of $ 4.76 billion, according to consensus estimates from Refinitiv.

Micron's shares slid despite strong fourth-quarter earnings, posting earnings of $ 4.87 billion, or 56 cents per share, while Wall Street expected 49 cents per share for a quarterly profit. business of $ 4.57 billion.

Micron also said that its sales to Huawei "have declined significantly" from the levels expected before Huawei was added to the list of US entities, effectively preventing the Shenzen-based company from dealing with US companies.

Other chip makers also saw their shares dip after the mixed quarterly forecast. Applied Materials, NVIDIA and Western Digital saw their shares fall by 3.3%, 1.5% and 3% respectively.

The action Vail Resorts jumped 3% after the company released stronger than expected results in the fourth quarter. The mountain resort company recorded a loss of 2.22 USD per share and a turnover of 301 million USD, while Wall Street expected a loss of 2.53 USD per share and at a turnover of 240 million USD, according to Refinitiv consensus estimates.

Shares of Las Vegas Sands climbed 4.96% after the announcement that the casino and resort company will join the S & P 500, replacing Nektar Therapeutics. The biopharmaceutical company's shares surged by 2.22% as the company replaces Sotheby's in the S & P MidCap 400. Nektar's shares are down about 47% since the beginning of the year. l & # 39; year.

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