Stocks making the biggest moves after the bell: Carnival, Palo Alto Networks, RealReal & more

SourceCNBC
SectorFinancial Markets
CountryMiddle east

Check out the companies making headlines after the bell on Monday: Palo Alto Networks – Shares of the cybersecurity company fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $1.55, compared to a Refinitiv forecast of $1.43. Palo Alto's revenue came in at $1.02 billion, above a Refinitiv estimate of $986 million. "The momentum in the business continues to be strong, with second quarter revenue growth of 25% year over year to over 1 billion USD," CEO Nikesh Arora said in a statement. Carnival — Carnival shares were down 2.2% after the company said it was selling $1 billion in common stock.

Goldman Sachs will lead the public offering. The RealReal – Shares of the luxury marketplace company dropped 7.4% on the back of disappointing quarterly numbers. The RealReal lost 49 cents per share. Analysts expected a loss of 41 cents per share, according to Refinitiv. The company's revenue also fell...read more...