Shares of Gilead Sciences Inc.’s stock gained 2.1% in after-hours trading on Thursday after the drug maker surprised investors with better-than-expected sales of its COVID-19 drug Veklury during the fourth quarter of 2020.
Snap Inc. shares slumped 10% in extended trading Thursday after the social-media company announced mixed results but warned a change in Apple Inc.’s forthcoming operating system could present a risk for advertising.
Peloton Interactive Inc. notched its first-ever quarter with revenue above $1 billion, but its shares sank in after-hours trading after the company’s investments in shipping and other areas meant to address delivery delays weighed on its earnings outlook for the current period.
New York Times Co. Chief Executive Meredith Levien on Thursday addressed the elephant in the room, by telling analysts there was still a lot going on in the world to keep subscribers engaged, even without Trump.