Farfetch — The stock dropped 17% after Farfetch missed expectations on the top and bottom lines in its most recent quarter, according to consensus estimates on FactSet.
Coinbase — Shares dropped more than 8% after Bank of America downgraded Coinbase to neutral from buy, saying that the FTX debacle raises “contagion risk” for the crypto exchange platform, even if it is not another FTX.
Gap — The retail stock jumped more than 4% after Gap reported a revenue beat in its most recent quarter, even as it issued a cautious outlook ahead of the holiday season.
Buckle — The retailer saw its stock rise 4% after the company posted an earnings beat. Buckle reported third-quarter earnings of $1.24 per share, while consensus estimates called for earnings of $1.19 per share, according to FactSet.
Diamondback Energy — Shares of energy stocks dropped as a group on the back of falling oil prices. Diamondback Energy was down more than 4%, Marathon Oil declined more than 3%, Halliburton was 2% lower.
Williams-Sonoma — Shares dropped nearly 7% after Williams-Sonoma declined to reaffirm or update its guidance through fiscal year 2024.. The seller of kitchenware and other household furnishings did beat expectations on the top and bottom lines in its latest quarter, according to consensus estimates from Refinitiv.
— CNBC’s Michelle Fox, Yun Li and Samantha Subin contributed reporting.