Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after its first-quarter report revealed a wider-than-expected loss. DoorDash lost 6 cents per share on $2.51 billion in revenue. Analysts surveyed by LSEG were expecting a loss of 4 cents per share on $2.45 billion in revenue. Carvana — The car marketplace soared 30% after revenue for the first quarter surpassed Street expectations. Carvana reported $3.
The top end of Qualcomm's revenue forecast for the current quarter was higher than the Street's expectations, as the company cited demand for smartphones that require the most advanced chips. Schrodinger — The computational platform slid 8%. The company posted a loss of 76 cents per share, wider than the loss of 74 cents per share expected by analysts surveyed by FactSet. Revenue came in at $36.6 million, less than the FactSet consensus of $42 million.