Check out the companies making headlines after the bell on Thursday:
Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based company struck deals with food giants McDonalds and Yum Brands. Under the deal, Beyond Meat will supply both companies with plant-based products. However, the company also posted quarterly numbers that missed analyst expectations. Beyond Meat lost 34 cents per share on revenue of $101.9 million. Analysts expected a loss per share of 13 cents on revenue of $103.2 million, according to Refinitiv.
Etsy – Etsy shares popped 7.3% after the company's latest quarterly figures easily beat analyst expectations. The online retailer posted earnings per share of $1.08 on revenue of $617 million. Analysts polled by Refinitiv expected earnings per share of 59 cents on revenue of $516 million.
Salesforce – The software company's stock slid 4.4% even after the release of better-than-expected fiscal fourth-quarter results. Salesforce logged a profit of $1.04 per share on revenue of $5.82 billion. Analysts had forecast earnings per share of 75 cents on revenue of $5.68 billion, according to Refinitiv. However, the company also issued disappointing earnings guidance for the full year.
Get San Diego local news, weather forecasts, sports and lifestyle stories to your inbox. Sign up for NBC San Diego newsletters.
Virgin Galactic – Shares of the space travel company pulled back by 11% after Virgin Galactic said its next spaceflight test will be delayed until May. Virgin Galactic also reported a fourth-quarter loss that was in line with analyst expectations. Earlier in the day, the company announced CFO Jon Campagna was stepping down, effective Monday.
DoorDash – Shares of the food courier company dropped 11% after DoorDash posted its first quarterly results since going public. The company posted a revenue of $970 million, while analysts at Refinitiv estimated a revenue of $938 million. DoorDash also told shareholders it expects some of the tailwinds experienced during the pandemic to ease as lockdowns are lifted.
Airbnb – The vacation rental company's shares ticked up by 0.2% after the company released its first quarterly report since going public in December. Airbnb reported revenue of $859 million. Wall Street analysts polled by Refinitiv had forecast revenue of $748 million. The company also reported a loss of $11.24 per share. CNBC does not compare reported earnings to analyst estimates for a company's first report after going public.
Nikola – The electric vehicle maker's stock slipped 1.9% even after the company posted a smaller-than-expected quarterly loss. Nikola lost 17 cents per share after analysts at Refinitiv had forecast a loss of 24 cents per share.