Best Stocks trending after hours: Levi Strauss, AMD, Tilray, and more
Levi Strauss ( LEVI ): Shares fell 5% in extended trading after the jeans-maker lowered its full year forecast, citing the strong dollar and supply chain disruptions. Levi sees full-year adjusted earnings per share of $1.44 to $1.49, down from its previous range of $1.50 to $1.56, and 2022 net revenue growth of 6.7% to 7%. ( pokermanila ) For the third quarter, Levi reported adjusted earnings of 40 cents a share on revenue of $1.52 billion. Advanced Micro Devices ( AMD ): The chipmaker fell in after hours trading after the company lowered its guidance for third-quarter venue, noting a weak PC market and “significant” inventory corrections throughout the PC supply chain. AMD now sees 3Q sales of $5.6 billion, down from its previous estimate of $6.71 billion. Competitors Nvidia ( NVDA ) and Intel ( INTC ) fell in the post market on the news. Tilray ( TLRY ), Canopy Growth ( CGC ), Aurora Cannabis ( ACB ) : Cannabis stocks soared ahead of the close and added to gains in extended tradi