Shares Making the Greatest Actions by the Hour: City Outfitters, KB House, Repay Holdings & Extra
Take a look at the companies that make the headlines after hours.
Urban Outfitters – The retailer’s shares were down more than 11% after Urban Outfitters posted an 8.4% year-over-year sales decline. The company also announced that CEO Trish Donnelly will be leaving later this month.
KB Home – The builder’s shares rose more than 2% after the company’s fourth quarter results beat expectations. KB Home earned $ 1.12 per share on revenue of $ 1.19 billion for the period. Analysts had expected the company to earn 93 cents per share on sales of $ 1.14 billion, according to Refinitiv estimates.
Repay Holdings – The financial technology company’s shares fell more than 5% after Repay announced a new stock offering. The company said it plans to raise $ 130 million through the new stock offering.
Ally Financial – The financial services firm’s shares rose more than 3% after the company announced a $ 1.6 billion share buyback program. The company will begin buying back shares in the current quarter.
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