US stocks closed lower after the Fed interest rate decision, and in extended trade, shares in home furnishings group Herman Miller Inc (NASDAQ:MLHR) fell.
Shares dropped over 4% after the New York bell to US$35.80 as it posted guidance for the fourth quarter, which was below Wall Street expectations.
The company said it expects revenue to be in the range of US$590mln and US$610mln for the fiscal fourth quarter. Analysts had expected revenue of US$612.3mln.
Elsewhere, Five Below Inc (NASDAQ:FIVE) dropped 1.33% after earlier being higher as investors took profits as the discount retailer topped Wall Street expectations on both fourth quarter earnings and revenue and issued first quarter guidance that bettered analysts' expectations.
Meanwhile, Altair Engineering Inc (NASDAQ:ALTR) added 1.725 after the bell to US$32 each as the software company beat on revenue in their fourth quarter financial report, but issued first quarter guidance that disappointed analysts.
And finally social media behemoth Facebook Inc (NASDAQ:FB) was under the spotlight again as it has been for the last few days, with shares shedding 1.48% to US$166.95.
Following news of the data scandal, chief executive and founder Mark Zuckerberg and chief operating officer Sheryl Sandberg released statements, outlining actions taken to ensure users' data safety. It came after two straight days of losses for the group.
Facebook CEO Mark Zuckerberg tells CNN: "I'm not sure we shouldn't be regulated... I actually think the question is more 'What is the right regulation?' rather than 'Yes or no, should it be regulated?'" https://t.co/cpB7kH7MrT pic.twitter.com/RYUnNj4Vsi
— CNN International (@cnni) 22 March 2018