Take a look at the businesses making headlines in after hours buying and selling.
City Outfitters — Shares of the retailer slid greater than 11% after City Outfitters mentioned web gross sales for the 2 months ended Dec. 31 fell 8.4% yr over yr. The corporate additionally introduced that CEO Trish Donnelly will depart on the finish of the month.
KB House — Shares of the homebuilder gained greater than 2% after the corporate’s fourth quarter outcomes topped expectations. KB House earned $1.12 per share throughout the interval on income of $1.19 billion. Analysts have been anticipating the corporate to earn 93 cents per share on $1.14 billion in income, in response to estimates compiled by Refinitiv.
Repay Holdings — Shares of the monetary know-how firm declined greater than 5% after Repay introduced a brand new share providing. The corporate mentioned it was seeking to elevate $130 million by means of the brand new inventory providing.
Ally Monetary — Shares of the monetary companies firm gained greater than 3% after the corporate introduced a $1.6 billion share repurchase program. The corporate will start shopping for again inventory throughout the present quarter.
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