Home Business Stocks making the most important strikes after the bell: Under Armour, Mosaic,...

Stocks making the most important strikes after the bell: Under Armour, Mosaic, XPO Logistics & extra

Check out the businesses making headlines after the bell on Monday:

Mosaic — Shares of the fertilizer maker dipped greater than 3% in prolonged buying and selling after the corporate’s first-quarter outcomes had been launched. Mosaic earned 57 cents per share excluding objects on $2.Three billion in income. Analysts surveyed by FactSet had been anticipating the corporate to earn 54 cents per share on $2.26 billion in income.

XPO Logistics — XPO Logistics slid 1.8% regardless of the corporate beating prime and backside line estimates in the course of the first quarter. The logistics options identify earned $1.46 per share excluding objects, in comparison with the anticipated 97-cent per share revenue analysts surveyed by Refinitiv had been anticipating. Revenue got here in at $4.77 billion, forward of the anticipated $4.33 billion.

Under Armour — Shares of the retailer briefly gained greater than 1% after the corporate stated it has entered right into a settlement with the SEC over disclosure failures. Under Armour stated in a press release that it has agreed to pay a civil financial penalty of $9 million, along with different non-monetary settlement phrases.

ZoomInfo Technologies — ZoomInfo Technologies climbed 1.9% on the again of the corporate’s first-quarter earnings. The software-as-a-service firm earned 13 cents per share for the interval, excluding objects, whereas posting income of $153.Three million. Analysts surveyed by FactSet had been anticipating the corporate to earn 10 cents per share and report gross sales of $145.5 million.

SmileDirectClub — Shares of the teledentistry firm dropped 6.9% after the agency stated it skilled a techniques outage final month on account of a cybersecurity incident, which can have a “material impact” on its second-quarter outcomes.

Domtar Corporation — Shares jumped 16% following a report from Bloomberg that Paper Excellence is exploring taking the corporate non-public. The report cites individuals acquainted with the matter.

Disclosure: NBC Nightly News investigated SmileDirectClub’s buyer complaints in February. The firm accused NBC Universal of publishing false details about the corporate and is looking for $2.85 billion for defamation.

—CNBC’s Yun Li contributed reporting.

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