In this picture illustration the QuantumScape emblem is seen on a smartphone and a computer display screen.
Pavlo Gonchar | SOPA Images | LightRocket | Getty Images
Check out the firms making headlines after the bell on Wednesday:
Micron – Shares of the chipmaker rose 2.3% after the firm reported better-than-expected outcomes for its fiscal second quarter. Micron reported earnings per share of 98 cents on income of $6.24 billion. Analysts polled by Refinitiv anticipated a revenue of 95 cents per share on income of $6.21 billion.
QuantumScape – The lithium-battery producer’s inventory popped 8.8% after the firm introduced it has met the necessities to shut a $100 million funding by Volkswagen. The auto firm will now check QuantumScape’s solid-state lithium-metal cells of their labs in Germany.
Wingstop – Shares of the restaurant firm ticked up by 3.8% after the firm launched preliminary outcomes for the first quarter. The numbers confirmed Wingstop’s home same-store gross sales are up 20.7% on a year-over-year foundation, with digital gross sales skyrocketing by 63.6%.
Guess – The clothes retailer’s inventory jumped 4.5% after Guess posted a fourth-quarter revenue that beat analyst expectations. The firm reported earnings per share of $1.18, topping a FactSet estimate of 56 cents per share. Guess’ income was barely under analyst estimates, nonetheless.