Yahoo Finance's Brian Cheung discusses trending tickers after hours amid earnings season.
BRIAN CHEUNG: Well, we've already covered a number of earnings, but we've got a curveball from the curve monitor with a number of other stocks on the move. A number of companies hitting the tape, and I want to highlight a few of them. Expedia Group currently up about 5% after hours. They beat estimates.
I also want to highlight Rocket Companies in the mortgage space. Obviously, with mortgage rates going up and activity going down, not good for the company. The stock is down 13%. They say that there's a change in the industry happening.
I also want to highlight in after hours trading Cloudflare, that company up-- check this out-- up 25% in post-market trading. They did highlight that they have a good outlook going forward. And they actually boosted their revenue forecast.
And then Virgin Galactic holdings down 7% after hours. They missed on GAAP earnings per share. And they also said they're going to have to delay their commercial service, that they were originally planning for Q1 next year. They're going to do that in Q2.
Last company I want to highlight here, Zillow Group. Again, this is a company that's gotten a lot of attention over the last year. Flat transactions, again, in the mortgage space year over year. They say that they are going to have a little bit of a rough go ahead in the future.
Remember-- I want to show you a chart here on this curved monitor. On a one-year basis, you remember that massive drop in October of last year when they said that they had to drop their Zillow Group business? This stock used to be at $100 in after hours trading, right now down about 10%. Dave.