EU and US could reach trade deal this weekend - Reuters
After-hours movers:
Palo Alto Networks (NASDAQ:PANW) fell 4% after it published quarterly results and guidance that generally matched consensus. Fiscal third quarter revenue grew 15% year over year to $2.3 billion.
Toll Brothers (NYSE:TOL) rose 5.5% after EPS topped consensus and management reaffirmed guidance. Net income and earnings per share were $352.4 million and $3.50 per diluted share, compared to net income of $481.6 million and $4.55 per diluted share in FY 2024’s second quarter.
Take-Two Interactive Software (NASDAQ:TTWO) fell 3% after it announced a proposed underwritten public offering of $1 billion of shares of its common stock. Take-Two intends to use the net proceeds for general corporate purposes, which may include the repayment of outstanding debt and future acquisitions.
Carter’s (NYSE:CRI) fell 9% after it cut its dividend. Management said the current dividend was misaligned with its level of profitability.
Nu Holdings (NYSE:NU) fell 4% after its COO stepped down.