Investors are watching for economic news as well as the latest corporate earnings.
cratered more than 36% in extended trading.
Chegg issued weak guidance on second-quarter revenue late Monday. The news took away from otherwise strong first-quarter results: Chegg posted adjusted earnings of 27 cents per share on revenue of $188 million. Analysts called for earnings of 26 cents per share on revenue of $185 million, according to Refinitiv.
This date is earlier than Wall Street economists were expecting. Goldman Sachs' latest estimate this week put the deadline at some point in late July, though the bank's economists acknowledged that weaker-than-expected tax receipts could move that timeline up further.There are some of the stocks making the biggest moves after hours:— The cloud networking company slid 7% despite beating analysts' expectations for the first quarter. Arista saw $1.
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