Zoom Video, Sunnova Vitality, BioNTech & extra
Zoom founder Eric Yuan poses in front of the Nasdaq building while the screen shows the logo of the video conferencing software company Zoom after the opening ceremony on April 18, 2019 in New York City.
I have Betancur | Getty Images
Check out the companies making headlines after hours:
Zoom Video – The video conferencing giant’s shares fell more than 5% even after the company reported better-than-expected results in the third quarter. Zoom had earnings per share of 99 cents on sales of $ 777.2 million. According to Refinitiv, analysts expected earnings of 76 cents per share on sales of 694 million US dollars.
BioNTech – BioNTech’s US-listed stocks fell more than 1% after a Bank of America analyst downgraded the stock from overweight to neutral. “We are waiting for production ramp-up visibility to meet our target of up to 1.3 billion cans by year 21 and mass distribution capability [the drug’s] Need for ultra-cold storage, “said the analyst.
Shift4 Payments – The shares of the Pennsylvania-based payment company fell more than 6% after Shift4 announced it would offer $ 400 million in convertible bonds. The company also intends to sell 8 million shares in a secondary offering.
Sunnova Energy International – Sunnova shares retreated approximately 5% after close of trading after the solar energy company made a public offer for 7 million shares.