Stocks making the biggest moves after hours: Zoom Video, Sunnova Energy, BioNTech & more

Zoom founder Eric Yuan poses in entrance of the Nasdaq constructing as the display exhibits the brand of the video-conferencing software program firm Zoom after the opening bell ceremony on April 18, 2019 in New York City.

Kena Betancur | Getty Images

Check out the firms making headlines after hours:

Zoom Video — Shares of the video-conferencing large fell more than 5% even after the firm reported better-than-expected earnings for the third quarter. Zoom posted earnings per share of 99 cents on income of $777.2 million. Analysts anticipated a revenue of 76 cents per share on income of $694 million, in response to Refinitiv.

BioNTech — BioNTech’s U.S.-listed shares fell more than 1% after a Bank of America analyst downgraded the inventory to impartial from obese. “We await visibility on the manufacturing ramp-up to reach the goal of up to 1.3bn doses by YE21 and the ability to mass distribute, noting [the drug’s] need for ultra-cold storage,” the analyst mentioned.

Shift4 Payments — Shares of the Pennsylvania-based funds firm slid more than 6% after Shift4 introduced it plans to supply convertible bonds value $400 million in combination. The firm additionally intends to promote eight million shares as a part of a secondary providing.

Sunnova Energy International — Sunnova shares pulled again by about 5% in after-hours buying and selling after the photo voltaic power firm issued a 7-million-share public providing.

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