Stocks making the biggest moves after hours: Lordstown Motors and more

Staff set up door hinges to the physique shell of a prototype Endurance electrical pickup truck on June 21, 2021 at Lordstown Motors’ meeting plant in Ohio.

Michael Wayland / CNBC

Take a look at the shares making headlines in prolonged buying and selling on Thursday.

Blink Charging – The electrical automobile charging inventory rose 5% after Blink introduced that its income grew sooner than anticipated within the third quarter. The corporate reported $6.4 million in income, nicely forward of the $4.7 million anticipated by analysts, based on Refinitiv. Losses have been wider than anticipated, nonetheless.

Lordstown Motors – Shares of the auto startup have been down 7% in prolonged buying and selling after the corporate reported one other quarter with no income. Lordstown stated it plans to supply and ship its Endurance truck within the third quarter of 2022. The corporate’s loss-per-share was smaller-than-expected in its most up-to-date quarter, based on Refinitiv.

WM Technology – The software program inventory tied to the hashish trade fell 12% after third-quarter outcomes missed expectations on the highest and backside traces for the third quarter, based on StreetAccount. WM Expertise’s fourth-quarter steering additionally got here in below expectations.

Luminar – Shares of the lidar sensor firm fell 1% after Luminar’s third-quarter income got here in in need of expectations. The corporate reported $8 million in income, beneath the $8.9 million anticipated by analysts, based on Refinitiv.

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