Stocks making the biggest moves after hours: Silvergate Capital, MongoDB, Uber and more
Publishing timestamp: 2023-03-08 17:11:07
Summary
Uber is considering spinning off its freight logistics unit, while Silvergate Capital announced it will wind down operations and liquidate Silvergate Bank. MongoDB's weak revenue guidance caused shares to fall, while SVB Financial intends to offer $1.25 billion of its common stock and $500 million of depositary shares. LoanDepot's fourth-quarter earnings missed expectations, causing shares to fall, but Fossil's commitment to improving its financials through its Transform and Grow strategy caused shares to rise.
Sentiment: MIXED
Tickers: FOSL, SI, MDB, LDI, SIVB, UBER, SI'A,
Keywords: market insider, breaking news: markets, business news, loandepot inc, stock markets, markets, business, economy, silvergate capital corp, svb financial group, uber technologies inc, fossil group inc, mongodb inc,
Source: https://www.cnbc.com/2023/03/08/stocks-moving-big-after-hours-si-mdb-uber.html