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Chipotle Mexican Grill, AT & T, Advanced Micro Devices and more- AFTER HOURS

Proactive takes a look at the shares moving the needle - up and down - after hours in New York

Chipotle shares crashed 11% after the bell

US stocks finished higher on Tuesday, with the  Dow Jones adding over 167 points, but things turned in a different direction after the bell.

Under the cosh group Chipotle Mexican Grill Inc (NYSE:CMG) shares crashed nearly 11% to US$288.65 after the fast- food chain reported third quarter results.

The numbers fell short of market expectations , including a big earnings miss and same-store sales just below estimates.

Adjusted earnings per share (EPS) was US$1.33 against consensus expectations of US$1.63 a share. Revenues were US$1.13bn versus US$1.14bn expectations.

Also sliding in extended trading was Juniper Networks Inc (NYSE:JNPR), which lost 6.54% to US$24.45 after the group said it was realigning its staff, while offering lower-than-expected guidance for the current quarter.

Elsewhere,  communications giant and closely folowed AT & T Inc (NYSE:T) saw shares slump 1.23% to US$34.43 after the company posted third quarter earnings, which were just shy of analysts' expectations.

Shares of Capital One  Financial Corp (NYSE:COF) rose 1.93% to US$91.25 as the firm said earnings and revenue for the third quarter had beaten Wall Street expectations.

Finally, chip producer Advanced Micro Devices Inc (NASDAQ:AMD) saw shares tank 9.61% to US$12.88 even as the company posted higher-than-expected results for the third quarter, but prediected a first revenue drop in seven quarters.

The underwhelming forecast was picked upon by the market, despite a host of launches this year such as the Epyc processors for servers and a new range of Ryzen desktop processors.

Quick facts: Chipotle Mexican Grill

Price: 773.46 USD

Market: NYSE
Market Cap: $21.5 billion

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