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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Software & services

Red Hat, Facebook, Avanced Micro Devices and more - AFTER HOURS

A look at what was moving the needle after hours in New York

After Wall Street finished in the red, there were several movers after the bell.

Shares in Red Hat Inc (NYSE:RHT), the software firm, added 4.72% to US$110.70 as it unveiled better-than-expected second quarter results.

Non-GAAP earnings came in at 77 cents a share on revenue of $723mln, up 21% compared to the same time last year, while Wall Street was looking for earnings of 67 cents a share on US$699mln in revenue

Red Hat, Inc. $RHT PT Raised to $125.00 https://t.co/bp3sVlfBtI

— InterCooler (@intercooleronli) 26 September 2017

Meanwhile, tech giant Facebook (NASDAQ:FB) saw its shares add 0.77% to US$164.13 after a newspaper report said Russian operatives used adverts on Facebook to incite antagonism against blacks and Muslims.

Elsewhere, AMD - Avanced Micro Devices (NASDAQ:AMD) added 1.5% after hours to US$12.80. It came after earlier in the day shares eased as its rival computer chip maker Intel Corp (NASDAQ:INTC) unveiled its latest Core desktop processors.

Intel shared added 0.30% to US$37.27 after the bell.

Finally, engineer Leggett & Platt Inc (NYSEL: LEG) shares plunged over 4% after the bell.

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