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Stocks moving after hours: Stitch Fix, Beyond Meat, Ford

Yahoo Finance Live anchor Seana Smith examines several stocks trending in the after-hours session.

Video Transcript

SEANA SMITH: All right, let's take a look at some of these movers here after hours. Some have to do with earnings and other updates that we have on executives, so let's get to it here. The first stock I want to bring up is Stitch Fix. Now taking a look at the move after hours, off just about 2%. We were off more significantly here just a few minutes ago.

Now, an intraday basis, the stock fell just over 5%. It has certainly been a tough ride since the start of the year, taking a look at the year to date chart of 75%. Stitch Fix missing on its fourth quarter revenue. Also, its first quarter guidance and full year guidance on revenue coming in a bit light. Active clients for the quarter dropping 9% on a year over year basis.

And the CEO there really referencing the broader challenges that the retail sector as a whole is facing, saying that the macroeconomic environment and the impact on retail spending has certainly been a challenge to navigate. You see that reflected in the stock price year to date, with shares off 75%. All right, beyond me, now this company in the news here on an update that its COO, Doug Ramsey, has been suspended effective immediately.

Now, remember the story from yesterday that Ramsey had been arrested for allegedly biting the nose of another man after an Arkansas college football game over the weekend. The stock closed the day off just around 6% on an intraday basis. Extended trading, we could see the move higher here, up just around 4/10 of a percent.

His activities, his responsibilities will be overseen on an interim basis by Jonathan Nelson. He's the senior vice president of manufacturing operations. But again, COO Doug Ramsey has been suspended as Beyond Meat's COO effective immediately.

Let's round it out with Ford because it was a huge story of the day here, shares closing off just around 12%, the biggest drop that we have seen in Ford shares since January of 2011, so over 12-- 11 years there. The move lower coming on the heels of that inflation warning that we got out after the bell yesterday.

Ford saying that they expect inflation related costs to cost about a billion dollars more than they had initially anticipated. Citi coming out saying that the higher cost is a surprise. It does raise some questions. Morgan Stanley's Adam Jonas saying that they are clearly not out of the woods yet. We saw the drop in Ford today. Its peer, GM, also under pressure as a result of this closing off just around 5 and 1/2%.