Monitors show Coinbase signage during the company's initial public offering (IPO) on the Nasdaq MarketSite in New York on Wednesday, April 14, 2021.
Michael Nagel | Bloomberg | Getty Images
Take a look at the companies that are making headlines in after-hours trading:
Coinbase – Coinbase's shares fell more than 13% after the company reported quarterly sales of $ 1.31 billion, which fell short of analysts' expectations. The monthly active transaction users were 7.4 million, lower than in the previous quarter, but higher than in the previous year. The transaction-based revenue was also lower than in the previous quarter.
Poshmark – Shares in the social marketplace fell about 27% after the quarterly results were announced. It reported a loss of 9 cents per share versus analyst estimates of 7 cents per share. Revenue was also weaker than expected at $ 79.7 million, compared to $ 82.7 million expected from Wall Street.
Aurora – The cannabis company's shares fell 3.7% in expanded trading after the company reported a slight loss in sales in its quarterly results. Aurora was $ 60.1 million compared to estimates of $ 60.6 million. It also reported a 23% increase in medical cannabis sales, while recreational cannabis sales fell 44%. Recreational cannabis accounts for 95% of sales across Canada.
DoorDash – The food delivery platform saw its shares grow 5% after announcing its largest-to-date acquisition of Wolt, the Finnish delivery app, for € 7 billion, or about $ 8.1 billion. The company also announced its quarterly results, which included a more than expected loss of 30 cents per share versus 26 cents before the share.
FuboTV – Shares on the sports live TV streaming platform fell 4% after reporting a loss of 47 cents per share and revenue of $ 156.7 million in the third quarter. The company also raised its guidance for the fourth quarter.