Pedestrians stroll past a GameStop Corp. retailer in New York, U.S.
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Exhaust a see on the businesses making headlines after the bell.
Shares of GameStop fell more than 8% in extended trading after announcing vacation gross sales numbers that were down sharply from the outdated yr and reducing guidance. For a nine-week length ending on Jan. 4, the corporate reported $1.83 billion in gross sales, down 27.5% compared with the 2018 vacation season. The corporate now expects same-retailer gross sales for its 2019 fiscal yr to decline between 19% to 21%, compared with a fall “in the high-kids” that the corporate predicted final month.
Cloudera climbed more than 2% in extended trading after it announced a brand unusual chief government officer. The corporate hired Rob Bearden, the feeble CEO of rival Hortonworks, for its top role. Cloudera and Hortonworks merged final yr in a deal that valued the mixed companies at $5.2 billion. Tom Reilly, who became as soon as Cloudera’s CEO following the merger, resigned after activist investor Carl Icahn published that he had a stake in the corporate.
Shares of Visa inched about 0.2% elevated after the corporate announced a deal to compose Plaid, a fintech company. Plaid’s expertise lets other fintech companies, at the side of Venmo and Robinhood, hyperlink their apps to user’s monetary institution accounts. The deal is rate roughly $5.3 billion.
CNBC’s Jordan Novet contributed to this story.