The stocks making the biggest moves after office hours: Levi Strauss, GM, Accolade



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A sign in front of Levi Strauss & Co. headquarters on April 9, 2021 in San Francisco, California.

Justin Sullivan | Getty Images

Find out which companies are hitting the headlines after the bell Thursday:

Levi Strauss – Levi Strauss shares rose 3.2% after the retailer crushed Wall Street expectations in its second quarter tax results. Levi reported adjusted earnings of 23 cents per share on revenue of $ 1.28 billion. Analysts had expected earnings of 9 cents a share on revenue of $ 1.21 billion, according to Refinitiv.

General Motors – Shares of General Motors gained 1.3% after Wedbush launched the stock hedge with an outperformance rating and a price target of $ 85. This target implies an increase of more than 51% from Thursday’s close. “CEO Mary Barra and other key executives have brought the historic automaker back to the pinnacle of the auto industry in the United States,” Wedbush’s Dan Ives said in a note.

PriceSmart – Shares of PriceSmart rose 2.4% in thin trading following the warehouse club operator’s third quarter earnings report. PriceSmart posted a profit of 73 cents per share, against a FactSet estimate of 65 cents per share.

Accolade – Accolade shares rose 1.2% in low-volume trades after the company released its latest quarterly figures. The health-tech company reported revenue of $ 59.5 million compared to analysts’ estimated $ 55.8 million, according to FactSet. Accolade also recorded a lower EBITDA loss than expected.

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