Stocks move a lot after hours: CS, ADBE, PATH

A Credit Suisse office in New York, U.S., on Thursday, Feb. 9, 2023.

Stephanie Keith | Bloomberg | Getty Images

Find out which companies are making headlines after the bell.

Swiss credit Shares of Credit Suisse rebounded nearly 7% after a statement from the Swiss Financial Market Supervisory Authority and the Swiss National Bank said the bank was currently well capitalized. The SNB added that it would provide additional liquidity if needed. Shares fell 13.9% in Wednesday’s trading session after Credit Suisse’s biggest investor, the Saudi National Bank, said it could no longer provide the Swiss bank with further financial assistance.

Adobe Shares of the software company rose 4.6% after its fiscal first-quarter results beat Wall Street estimates. The company reported adjusted earnings of $3.80 per share and revenue of $4.66 billion. Analysts polled by Refinitiv had expected earnings of $3.68 per share and revenue of $4.62 billion.

five below Shares of the value retailer were down more than 3% in extended trading, sliding on the company’s muted outlook for the first quarter. Five Below reported revenue above Wall Street expectations, according to Refinitiv, and earnings were in line with estimates.

pager The digital operations management platform’s stock gained 3% after posting a fourth-quarter earnings and revenue overshoot. PagerDuty posted adjusted earnings of 8 cents per share and revenue of $101 million. Meanwhile, analysts polled by Refinitiv had estimated earnings per share at 2 cents and revenue at $98.8 million.

UiPath The automation software stock jumped 12% in extended trading after the company’s quarterly earnings beat expectations. UiPath reported adjusted EPS of 15 cents, versus 6 cents expected by analysts. Revenues were also well above estimates.

CNBC’s Yun Li contributed reporting

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