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Caesars Entertainment Corp, Vivint Solar Inc, Thor Industries Inc - AFTER HOURS

Last updated: 23:44 08 Mar 2018 AEDT, First published: 18:44 08 Mar 2018 AEDT

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A look at after hours trade in New York

US benchmarks closed generally lower on Wednesday, with the Dow Jones down over 82 points, but after the bell, Caesars Entertainment Corp (NASDAQ:CZR) shares surged over 7% to US$13.40.

The gaming corporation cheered with an impressive latest quarter as the company turned a profit, thanks to a one-time tax benefit.

The company saw a US$2bn boon related to the US tax reform and an increase in same-store gaming revenue throughout 2017.

Elsewhere, Vivint Solar Inc (NYSE:VSLR) shares tanked 1.67% to US$2.95 after the solar energy company reported fourth quarter and full year earnings.

In contrast to the boon with Caesars above, the company noted that tariffs introduced by President Trump in January may cause price increases on certain imported solar panel parts.

 

Meanwhile, Thor Industries Inc (NYSE:THO) shares added 3.75% to US$127 after the bell. The RV (recreational vehicle) manufacturer reported record results in its second quarter, beating analysts' expectations on revenue and demonstrating growing sales of both its motorized and towable products.

Last but not least, Okta Inc (NASDAQ:OKTA) shares added 1.18% in extended trade to US$39.60 after the identity management software provider reported fourth quarter numbers that showed growth in total and subscription revenue year-on-year.

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