Finance

Stocks making the biggest moves after hours: Intel, Clorox, Capital One and more

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Check out the companies making headlines in after-hours trading. Intel — Shares of the chipmaker slid more than 6% in extended trading. Intel gave soft revenue and earnings per share guidance for the current quarter. Intel said it expects first-quarter revenue between $11.7 billion and $12.7 billion, and breakeven adjusted earnings per share. Analysts polled by LSEG had called for earnings of 5 cents per share on $12.51 billion in sales. Intuitive Surgical — Shares of the surgical systems maker added 3% on the back of strong quarterly financial results. For the fourth quarter, Intuitive Surgical posted adjusted earnings of $2.53 per share. Analysts expected earnings of $2.26 per share. The company’s revenue came out at $2.87 billion, greater than the $2.75 billion expected by analysts. Capital One — Capital One stock dipped 2%. The bank announced on Thursday that it agreed to acquire startup Brex for $5.15 billion , in a deal consisting of 50% cash and 50% stock. Separately, fourth quarter adjusted earnings came up short against analysts’ estimates, landing at $3.86 per share. The LSEG consensus called for $4.11 per share. Clorox — The maker of household cleaning products saw shares slide nearly 2%. Clorox announced that it has entered an agreement to acquire Gojo Industries , the manufacturer of Purell, valued at $2.25 billion. When accounting for anticipated tax benefits valued at $330 million, the purchase price comes out to $1.92 billion. Excluding the impact of the purchase, Clorox reaffirmed its 2026 outlook for net sales, diluted earnings per share and adjusted EPS. CSX — Shares of the railway operator jumped 3%. CSX said its intermodal revenue for the fourth quarter came in at $562 million, topping the StreetAccount consensus estimate of $551.2 million. The company also said it expects to see full-year 2026 revenue to rise by low single digits. Alcoa — Alcoa exceeded Wall Street’s revenue expectations, leading the aluminum producer’s stock to jump about 2%. Alcoa reported $3.45 billion in revenue for its fourth quarter, which is higher than the $3.29 billion analysts polled by LSEG were seeking. Spotify — Shares of the music and podcast streaming giant rose almost 2% after Goldman Sachs upgraded the stock to buy from neutral late Thursday. — CNBC’s Darla Mercado and Nick Wells contributed reporting.

This article was originally published by a Cnbc.com. Read the Original article here. .

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