Beeline Holdings sells $1.2 million in stock, totals $14.5 million since March
After-hours movers:
Starbucks (NASDAQ:SBUX) rose 3.3% after its quarterly results topped estimates. Global comparable store sales declined 4%, driven by a 6% decline in comparable transactions, partially offset by a 3% increase in average ticket. Consensus expected a comp decline of 5.3%.
Qorvo (NASDAQ:QRVO) rose 18% after it published strong fourth quarter results and issued guidance that beat the consensus. Qorvo’s current outlook for the March 2025 quarter is revenue of approximately $850 million and EPS between $0.90 and $1.10.
Skyworks Solutions (NASDAQ:SWKS) shares rose in sympathy with Qorvo.
F5 Networks (NASDAQ:FFIV) gained 13% after its quarterly results easily beat estimates. Although its mixed was guidance, taken together with the earnings beat, overall results were considered strong.
LendingClub (NYSE:LC) fell 17% after it reported lower new originations in the fourth quarter than expected. Loan originations increased 13% to $1.85 billion, compared to consensus of $1.89 billion.