Stocks make the biggest moves after hours: Nordstrom, Autodesk and more
A Nordstrom store in Irvine, California.
Scott Mlynn | TBEN
Check out the businesses making headlines after hours.
Nordstrom — Shares fell more than 4% after the department store lowered its forecast. Nordstrom’s latest results beat earnings and sales expectations, according to consensus expectations on Refinitiv.
PK — Shares rose 1% after HP beat sales and profit expectations in the last quarter and announced it will lay off 4,000 to 6,000 employees worldwide over the next three years.
Auto desk — The stock fell more than 7.8% after the software company issued fourth-quarter revenue estimates that beat expectations, even as Autodesk reported quarterly results in line with its forecasts.
VMware — Shares fell nearly 2% after the cloud computing company missed earnings and sales expectations in its most recent quarter. According to Refinitiv, the company was expected to earn $1.58 per share on revenue of $3.35 billion. Instead, VMWare earned $1.47 per share, after adjustments, on revenue of $3.21 billion.