Stocks making the biggest moves after the bell: DraftKings, QuantumScape, PPG & more

3 weeks ago 14

The entranceway from the elevators, designed to lucifer a passageway entering a stadium, is pictured astatine the caller DraftKings bureau successful Boston connected March 25, 2019.

David L. Ryan | The Boston Globe via Getty Images

Check retired the companies making headlines aft the doorbell connected Thursday:

QuantumScape — Shares of the electrical conveyance artillery shaper ticked up 3% aft the institution responded to a study from short-seller Scorpion Capital. In the report, the steadfast called QuantumScape a "pump and dump SPAC" scam. QuantumScape said that Scorpion stands to financially payment from a diminution successful its shares. QuantumScape's banal dropped much than 12% during the regular league earlier successful the day.

DraftKings — DraftKings shares roseate 3% aft the institution announced it penned a deal with the NFL to go 1 of the league's authoritative sports-betting partners. DraftKings besides renewed its regular phantasy shot concern with the league.

Alcoa — Shares of the aluminum shaper climbed 2% aft the institution reported better-than-expected first-quarter results. Alcoa posted net per stock of 79 cents connected gross of $2.87 billion. Analysts polled by FactSet expected net per stock of 45 cents connected gross of $2.63 billion.

PPG Industries — PPG shares popped 5% aft the institution logged first-quarter results that topped expert predictions. The institution reported net per stock of $1.88 connected gross of $3.88 billion. Analysts surveyed by FactSet predicted net per stock of $1.57 connected gross of $3.67 billion.