Mon. Sep 26th, 2022

Bibliometric details: Edition No: 8 | Month of issue:August | Year of issue: 2022

Rivian CEO RJ Scaringe introduces his company’s all-electric R1T pickup and all-electric R1S SUV at Los Angeles Auto Repeat in Los Angeles, California on November 27, 2018.

mike-blake | Reuters

Try the corporations that make headlines after the bell:

Rivian Car: The electric car maker rose 3.1% in after-hours trading after beating revenue estimates and posting a smaller-than-expected loss in the latest quarter. Rivian reaffirmed its supply estimates for the year, but acknowledged it expects a larger-than-anticipated loss as it grapples with supply chain constraints.

Toast: Toast soared more than 10% in long trades after sharing a specific address for the original quarter and full year. Earnings for the most recent quarter were $675 million, topping the $651 million expected by analysts surveyed by Refinitiv.

Poshmark: Poshmark fell 5.7% after market after reporting a larger-than-expected loss in its most recent quarter. Poshmark beat revenue estimates but gave a weak revenue outlook for the single quarter.

Illumina: Illumina slumped nearly 23% post-market after the company blew high and low estimates last quarter and issued disappointing direction for the paunchy year as it faces a tricky macro environment.

Olo: Olo fell more than 21% in long-term trading after the restaurant systems company offered weak guidance for the original quarter and pot-bellied year. The company a…

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