Take a look at the firms making headlines in after-hours buying and selling: Robinhood — The retail brokerage added 4.5% after the corporate introduced a $1 billion percentage repurchase program. Robinhood control expects to execute this system over a two- to three-year duration beginning within the 3rd quarter of 2024, a press free up mentioned. Cava Crew — The inventory dropped 5% in after-hours buying and selling regardless of the eating place chain posting income and income for the primary quarter that considerably exceeded expectancies. Cava reported income of 12 cents in step with percentage on income of $259 million, whilst analysts polled by means of LSEG expected income of four cents in step with percentage on $246 million in income. Cava stocks had hit a 52-week top previous Tuesday. Field — The cloud garage corporate added 1.2% at the again of better-than-expected income and income. Field reported adjusted income of 39 cents in step with percentage, whilst analysts polled by means of LSEG anticipated income of 36 cents in step with percentage. Earnings got here out at $264.7 million, surpassing expectancies of $262 million for the quarterly duration. Microchip Generation — Microchip stocks dipped 2.8% after the corporate introduced it objectives to boost $1.1 billion value of convertible senior notes due 2030 in a non-public providing, matter to marketplace stipulations and different components. American Airways — The air provider slid greater than 6%. American Airways slashed its outlook for gross sales in the second one quarter. Additionally it is anticipating adjusted income of $1 to $1.15 in step with percentage for the duration, in comparison to earlier steerage of $1.15 to $1.45 in step with percentage, in step with a regulatory submitting . The up to date outlook for adjusted income could also be beneath FactSet’s consensus expectancies for $1.30 in step with percentage. Stocks of Delta Air Strains and United every slid about 2% in sympathy. — CNBC’s Darla Mercado contributed reporting.
