Breaking Stories

Stocks making the biggest moves after the bell: Fisker, Aon, Twilio & more

Henrik Fisker (R) greets an attendee in front of his Fisker Ocean SUV, January 7, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada.

Robyn Beck | AFP | Getty Images

Check out the companies making headlines after the bell on Monday:

Fisker — Fisker shares fell 2.2% after the car maker reported a 63-cent per-share loss for the previous quarter. The loss was wider than FactSet’s consensus analyst estimate for a loss of 19 cents per shre. The electric-vehicle startup also reported revenues of $22,000 and a cash balance of $985 million.

Aon — Share of Aon rose 1.5% in after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway had a stake in the company as of March 31. Aon, which sells insurance, pension administration and other financial services, is based in London.

Twilio — Twilio shares ticked higher on news that it plans to acquire business-texting platform Zipwhip for $850 million in a blend of cash and stock. The cloud-communications company said Zipwhip will expand its high-quality traffic and that it expects the deal to close by the end of this year.

Eastman Kodak — Shares of Eastman Kodak slipped after Reuters reported the New York attorney general is preparing to charge the company and a top executive with insider trading. According to the report, New York is preparing to charge Executive Chairman Jim Continenza with insider trading when he bought stock just before Kodak announced a tentative agreement with the Trump administration that would have provided the company with $765 million in exchange for its help fighting the Covid-19 pandemic. Eastman Kodak argued the charges are without merit.

Become a smarter investor with CNBC Pro.
Get stock picks, analyst calls, exclusive interviews and access to CNBC TV.
Sign up to start a free trial today

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *