24H|Opendoor up 15%; Applovin up 6%; GRAIL down 46%; Copart down 7%

Tiger Newspress
02/20

Opendoor reported fourth-quarter revenue of $736 million, beating analyst estimates of $594.02 million, according to Benzinga Pro. The company reported a fourth-quarter loss of seven cents per share, beating estimates for a loss of 10 cents per share. Opendoor shares were up 15% in overnight trading.

Applovin Corp (NASDAQ:APP) shares are moving higher in extended trading on Thursday as rumors circulate on social media that the company is working with OpenAI. AppLovin shares were up 6% in overnight trading.

GRAIL (GRAL) said late Thursday that topline NHS-Galleri results from 142,000 UK participants show the Galleri test reduces Stage IV cancer diagnoses and increases early-stage I and II detection. The trial missed its primary Stage III and IV reduction endpoint but demonstrated positive trends, including over 20% fewer Stage IV diagnoses in rounds two and three for 12 deadly cancers, such as colorectal, lung, and pancreatic, the company said. Shares of the company were down more than 46% in overnight trading.

Online vehicle auction services provider Copart CPRT.O on Thursday posted a decline in second-quarter profit and revenue due to lower vehicle sales and service volumes. Shares of the company, which primarily provides auction services to sell damaged and total-loss vehicles to used-car dealers and dismantlers, fell 7% in overnight trading.

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