Business

Bed Bath & Beyond, Applied Materials and more

A service technician look at a stack of wafers at the Applied Materials center in Santa Clara, California.

David Paul Morris | Bloomberg | Getty Images

Here are the stocks making headings after the bell on Thursday, Aug. 18.

Bed Bath & Beyond — Shares of the having a hard time merchant fell about 38% after activist financier Ryan Cohen exposed that he had actually entirely left his position. Cohen had actually stated in a filing previously today that planned to offer his shares and call alternatives.

Applied Materials — Shares of the semiconductor business increased about 2% after Applied Materials beat quotes on the leading and bottom lines for its financial 3rd quarter. The business’s assistance for fourth-quarter profits likewise can be found in ahead of expectations.

Bill.com — Shares of the costs payment business popped 20% after the business’s fourth-quarter outcomes beat Wall Street expectations, according to FactSet’s StreetAccount. The business likewise revealed a brand-new chief item officer and chief running officer, and stated it anticipates to be rewarding on an adjusted basis in the brand-new .

Madison Square Garden Entertainment — The stock increased more than 7% after Madison Square Garden Entertainment revealed that it was checking out a spinoff of its name arena and other possessions.

Blake

News and digital media editor, writer, and communications specialist. Passionate about social justice, equity, and wellness. Covering the news, viewing it differently.

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