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Stocks moving in after hours: GameStop, Rent the Runway, C3 AI, Duckhorn

Yahoo Finance Live anchor Seana Smith highlights Wednesday's biggest stock movers in after-hours trading.

Video Transcript

SEANA SMITH: All right, let's take a look at some of these trending tickers after-hours. We have four stocks for you. Let's kick it off with GameStop. A move lower here after-hours, off just about 3/10 of a percent, not a huge move. Some important numbers to keep in mind is sales missed expectations. They also reported a wider than expected loss in after-hours trading.

Net sales declining just over 8% on a year over year basis. Software sales off 19% from just a year ago. Three months, looking at losses of just about 7%. Year to date, we're in the red off about 40%. But remember, this is a meme stock that was caught up in the meme trading frenzy. Over the past two years, you're still looking at gains of over 400%.

Let's move on to Rent the Runway, another mover here after-hours. And look at that, shares jumping just about 25%. The company raising its full year revenue forecast. That topped the Street's expectation. CEO Jennifer Hyman coming out, also saying that the company's restructuring plan was, quote, "substantially complete." She also did note, though, that it is a tough environment, though, during this current quarter. Three months, we're still looking at losses of just about 66%.

C3 AI is an AI software company. That stock on the move after-hours. The company beating on both the top and the bottom lines, although right now, you can see just around the flatline. We were up just about 10% shortly after these results crossed the wires. They also reaffirmed their full year revenue guidance, but fiscal third quarter revenue outlook a bit short. Again, we're seeing the stock not too far from the flatline. Over the past three months, it's off just about 18%.

And Duckhorn Portfolio, that stock rising just about 2 and 1/2% in after-hours. Net sales beating the Street's expectations, up 4%-- nearly 4% on a year over year basis. Adjusted EPS of $0.18. That was also topping what the Street was looking for. CEO Alex Ryan, he's going to join us here tomorrow to talk about these results. Over the last three months, though, Dave, stock off nearly 15%.