Lyft, Match, Robinhood and more

Ramin Talaie | Corbis Information | Getty Photographs

Take a look at the businesses making headlines after the bell.

Lyft — The experience sharing firm’s inventory gained greater than 1% after it reported quarterly results that beat analysts’ estimates. The corporate stated demand continued rising in July even with heightened Covid-19 circumstances. Lyft reported a lack of 5 cents per share, in comparison with Wall Avenue forecasts of 24 cents per share.

Caesars Entertainment — Shares of the gaming and lodge chain jumped 4% following its quarterly earnings report. Caesars reported earnings of 34 cents per share, beating analysts’ estimates by 52 cents, and income of $2.5 billion, additionally beating expectations. The corporate attributed its development to a strengthening of the Las Vegas market in addition to continued energy in regional markets.

Activision Blizzard — The maker of “Name of Obligation” and different video video games noticed its shares rise 3.9% following its second-quarter earnings report. The corporate reported 91 cents per share and $1.92 billion in income, each of which beat analysts’ expectations. On Tuesday morning, the corporate introduced president J. Allen Brack is leaving amid a harassment lawsuit in opposition to the agency.

Match Group — On-line relationship firm Match’s shares fell about 3.7% after it reported weaker than anticipated earnings, regardless of displaying robust gross sales development within the U.S. amid a recovering relationship scene. Match — whose portfolio of manufacturers consists of Tinder, Hinge and OkCupid — reported 46 cents per share for the quarter, falling under Wall Avenue forecasts by 6 cents. 

Robinhood — The newly public Robinhood inventory is up about 4%, extending its rally from the common buying and selling session. Robinhood went public final Thursday on the Nasdaq, opening at $38 per share, and fell 8% on its first day. On Tuesday the inventory soared 24.2% to $46.80 per share.

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