The actions with the biggest movements after hours: Beyond Meat & more



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Virgin Galactic’s VSS Unity rocket plane, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, USA United, July 11, 2021.

Joe Skipper | Reuters

Find out which companies are making headlines for after hours trading.

Virgin Galactic – Shares of Virgin Galactic jumped 6% after the company released quarterly results and said it would reopen ticket sales. The space company reported an adjusted EBITDA loss of $ 56 million in the second quarter, slightly higher than the loss of $ 55.9 million in the previous quarter. Second quarter sales were $ 571,000.

TripAdvisor – Shares of the travel company edged up amid the extended trade, as the company beat expectations in the second quarter. TripAdvisor lost seven cents per share excluding items, which was less than the expected loss of 11 cents per share, according to Refinitiv’s estimates. Revenue was $ 235 million, ahead of the expected $ 188 million.

Beyond Meat – Shares of Beyond Meat fell 4% after the company missed its second quarter earnings estimates. The meat alternatives company lost 31 cents a share, which is more than the 24-cent loss analysts expected, according to Refinitiv estimates. Revenue was $ 149.4 million, which is higher than the $ 140.8 million expected by analysts.

DropBox – Shares of the cloud storage company rose about 4% after DropBox reported second quarter results. The company gained 40 cents a share in the quarter, which was ahead of the 33 cents analysts polled by Refinitiv were expecting. Revenue was $ 531 million, also ahead of the expected $ 524 million.

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