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Asking for a Trend host Julie Hyman examines these stocks moving in the after-hours trading session, which includes Shopify (SHOP) and discount retailer Five Below (FIVE) after reporting its fourth quarter earnings results.
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Let's take a look at a few tickers that are trending on the Yahoo Finance homepage. Shopify shares gaining over 8 and a half percent on Wednesday, the stock saw the biggest jump in nearly two months. Coming as Shopify will voluntarily transfer its US listing from the New York Stock Exchange to the Nasdaq. Shopify expects shares to cease trading on the NYSE at market close on Friday, and then they'll begin trading on the Nasdaq on Monday, March 31st. Shopify will continue to be listed under the same ticker, SHOP. Next up, Five Below, those shares moving higher after hours. The discount chain reporting a beat on fourth quarter revenue with comparable sales falling slightly less than expected. And looking ahead, the company providing a better than expected first quarter net sales outlook. Five Below also seeing gross capital expenditures will be about 210 to 230 million dollars in fiscal 2025.
