Check out the companies that are making headlines in the after hours market
Urban Outfitters – The retailer’s shares fell more than 11% after Urban Outfitters said net sales for the two months ended December 31 fell 8.4% year-over-year. The company also announced that CEO Trish Donnelly will be leaving later this month.
KB Home – The construction company’s shares rose more than 2% after the company’s fourth quarter results exceeded expectations. KB Home earned $ 1.12 per share during the period and revenue of $ 1.19 billion. Analysts had expected the company to earn 93 cents per share with revenue of $ 1.14 billion, according to estimates compiled by Refinitiv.
Repay Holdings – The shares of the financial technology company fell more than 5% after Repay announced a new share offering. The company said it plans to raise $ 130 million through the new share offering.
Ally Financial – The financial services company’s shares rose more than 3% after the company announced a $ 1.6 billion share buyback program. The company will begin to buy back shares during the current quarter.
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