DoorDash, Beyond Meat, AMC and more

A DoorDash sign is displayed in a restaurant on the day they hold their IPO in New York on December 9, 2020.

Carlos Allegri | Reuters

Take a look at the companies making headlines after the bell:

DoorDash: Shares of the food delivery company jumped 12% after a surge in revenue. DoorDash reported revenue of $1.61 billion in the second quarter, more than the $1.52 billion that analysts had expected, according to Refinitiv. DoorDash said the total number of orders it delivered grew 23% year over year to 426 million, an all-time high. However, it reported a larger-than-expected loss for the quarter.

Beyond Meat: Shares of the alternative meat producer fell more than 2% after the company lowered its 2022 revenue forecast. Beyond Meat also announced it will cut its workforce by 4%, citing broader economic uncertainty. Beyond reported a second-quarter net loss of $97.1 million, or $1.53 per share, up from a net loss of $19.7 million, or 31 cents per share, a year earlier.

AMC Entertainment: Shares of the theater chain fell 4% after the company said it plans to issue a dividend to shareholders in the form of preferred stock traded on the New York Stock Exchange under the symbol APE. The name is a nod to its retail investors who supported the company during the meme stock mania.

Virgin Galactic: Space shares fell more than 7% in after-hours trading after the company’s quarterly report. Virgin Galactic posted a net loss of $111 million in the second quarter, compared to a net loss of $94 million in the same period a year earlier. The company also delayed the launch of its business service to the second quarter of 2023.

Warner Bros. Discovery: Shares of the media giant fell 9% after the combined company disclosed a total direct-to-consumer subscriber base of 92.1 million. It was the first time the company had reported a quarterly profit since WarnerMedia and Discovery merged earlier this year.

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