A technician inspects a stack of sponge cakes at the Applied Materials facility in Santa Clara, California.
David Paul Morris | Bloomberg | beautiful pictures
Here are the stocks that made headlines after the bell on Thursday, August 18.
Outdoor shower bed – Shares of the struggling retailer fell about 38% after activist investor Ryan Cohen revealed he was completely out of my position. Cohen said in a filing earlier this week that he intends to sell his stock and call options.
Application materials Shares of the semiconductor company rose about 2% after Applied Materials beat earnings and profit estimates for its fiscal third quarter. The company’s guidance for Q4 revenue also beat expectations.
Bill.com – Shares of the bill-paying company jumped 20% after the company’s fourth-quarter results beat Wall Street expectations, according to FactSet’s StreetAccount. The company also announced a new chief product officer and chief executive officer, and said it expects to be profitable on an adjusted basis in the new financial year.
Madison Square Garden Entertainment – Stocks surged more than 7% after Madison Square Garden Entertainment announced that discover a spinoff its namesake arena and other properties.
