Shares of Finisar Corp. (FNSR) surged more than 8% in after hours trading after the fiber optics products maker reported forecast-beating fourth quarter results and gave an upbeat outlook for the first quarter.
Red Hat Inc. (RHT) shares rose more than 3% in extended hours trading after the world's largest seller of Linux software reported first quarter revenue and earnings above analysts' expectations.
Shares of Nokia Corp. (NOK) rallied more than 4% in late trading after the Wall Street Journal reported that software giant Microsoft Corp. (MSFT) was recently in advanced talks with Nokia about a purchase of the Finnish company's devices business, citing people familiar with the matter.
SandRidge Energy, Inc. (SD) shares gained more than 3% in after hours trading after the independent natural gas and oil company said that its chairman and CEO Tom Ward is leaving the company. The company also named CFO James Bennett as its new CEO and Jeffrey Serota as interim non-executive chairman.
Shares of Steelcase Inc. (SCS) slumped more than 6% in extended hours trading after the office furniture maker reported first quarter revenue below Wall Street expectations and gave a down-beat earnings outlook for the second quarter.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.