Urban Outfitters – Shares of the retailer slipped more than 11% after Urban Outfitters said net sales for the two months ending Dec. 31 fell 8.4% year-over-year. The company also announced that CEO Trish Donnelly will be leaving at the end of the month.
KB Home – Shares of the homebuilder have gained more than 2% after the company’s fourth quarter results beat expectations. KB Home earned $ 1.12 per share during the period on revenue of $ 1.19 billion. Analysts expected the company to earn 93 cents a share on $ 1.14 billion in revenue, according to estimates compiled by Refinitiv.
Repay Holdings – Shares of the fintech company fell more than 5% after Repay announced a new share offering. The company said it was looking to raise $ 130 million through the new stock offering.
Ally Financial – Shares of the financial services firm gained more than 3% after the company announced a $ 1.6 billion share buyback program. The company will start repurchasing shares during the current quarter.
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