viewL Brands

L Brands, Box, 3D Systems and more - AFTER HOURS

Proactive stayed up to take a look at the trade in extended hours in New York

L Brands owns Victoria's Secret

Wall Street stocks crashed into the red on Wednesday and after the bell, fashion group L Brands Inc (NYSE:LB) saw shares shed 8.78% after the bell to US$45.

It came despite the Ohio headquartered group reporting earnings that beat expectations on top and bottom lines.

It also announced a proposed US$500mln offering of senior notes due in 2028 for the redemption of outstanding senior notes, which are due next year.


Box Inc (NYSE:BOX) shares plunged over 13% to US$20.88 despite the cloud content management company reporting smaller losses per share than expected and revenue was in line with Wall Street estimates.

Elsewhere, Monster Beverage Corp (NASDAQ:MNST) shares lost 4.29% to US$60.65 after the energy and soft drinks group reported EPS (earnings per share) and revenue that missed analysts' expectations.

The firm said net gross sales were negatively impacted by inventory reductions at international distributors.

On the upside, 3D Systems Corp (NYSE:DDD) shares zoomed up over 13% to US$10.80 after the bell. The group reported preliminary fourth quarter earnings that cheered the " Street".

Quick facts: L Brands

Price: 45.2 USD

Market: NYSE
Market Cap: $12.57 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Alpha Growth's BlackOak Alpha Growth Fund generates positive returns despite...

Alpha Growth PLC (LON:ALGW) (OTCQB: ALPGF) CEO Gobind Sahney tells Proactive the financial services specialist's BlackOak Alpha Growth Fund produced a 2020 calendar year return of 10.63% and a 13.71% total return since inception in September 2019. Sahney says given the challenges of 2020, its...

2 days, 9 hours ago

2 min read