Stock Price Movement of Thor Industries, Amazon, and more Companies

Thor Industries’ Stocks Soar by 8.6%

The share prices for Thor Industries reportedly surged by 8.6%in the premarket trading. The maker of the recreational vehicles observed the surge after sharing the results for its earnings in the fourth quarter of 2021. Thor Industries revealed that for the particular quarter, the earnings estimations the analysts made were $3.39 per share. However, the earnings that Thor Industries managed to generate were $4.79 per share.

Thor Industries also shared its revenue results for the same quarter, revealing that it had topped the revenue estimations for the fourth quarter of 2021. The company revealed that it managed to generate high revenues as it cut down on the discounts it was offering in the past. Thor Industries also revealed that it has also made an expansion in the profit margins that it is currently offering the investors.

Amazon’s Stocks Soar by 6.8%

In the postmarket trading, the share prices for the e-commerce giant soared by 6.8%. The share prices for Amazon observed a surge right after it made two announcements. The first announcement was related to the shares buyback, where Amazon announced it would buyback $10 billion worth of its own shares. The second announcement was related to stock split, where Amazon announced it would proceed with a 20-for-1 stock split.

CrowdStrike’s Stocks Soar more than 13%

The shares for CrowdStrike reportedly surged at a high rate in the premarket trading. CrowdStrike reported that it managed to generate high earnings in the fourth quarter of 2021. It managed to generate high earnings as well as revenues, and they were more than the estimations made by the analysts.

Moreover, CrowdStrike officials even shared 2023 fiscal year’s strong guidance estimations. For the fourth quarter of 2021, CrowdStrike announced that the analysts had predicted it would generate revenues worth $441 million. In addition to the above, the analysts had predicted that the company would generate earnings worth 20 cents per share.

However, CrowdStrike generated revenues worth $431 million and earnings worth 30 cents per share in the fourth quarter of 2021.

Asana Stocks Sinks by 16.9%

The share prices for Asana have reportedly dipped at a tremendous rate in the premarket trading. The data shows that the stocks for Asana experienced a 16.9% plummet. The software company experienced the plummet even though it revealed that it generated earnings/revenues that were higher than the predictions made by the analysts.

Asana revealed that for the particular quarter, it was expected to experience a loss worth 28 cents per share. The firm also revealed that it was expected to generate revenues worth $105.2 million. However, Asana faced a loss of 25 cents per share, and it generated a revenue worth $111.9 million.

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