Companies make headlines after hours.
Novavax lowered its full-year revenue guidance due to poor demand for its Covid vaccine.
Take-Two Interactive Software's shares dropped after the company reported weaker-than- expected earnings. The revenue reported by Take-Two was less than expected.
The consumer lending company's shares fell. Upstart had revenue of $228 million. Earnings were expected to be 10 cents per share on revenue of $246 million.
Allbirds cut its outlook for the year and announced cost-cutting efforts, causing the footwear stock to drop. The footwear and apparel company beat expectations in the second quarter.
The company's shares gained more than 4% after it reported quarterly results and raised its full year outlook.