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Stocks making the biggest moves after hours: FedEx, Rivian, U.S. Steel and more
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cnbc.comIn this article
Check out the companies making headlines in after-hours trading.
FedEx — Shipping company FedEx saw its shares jump 6% after reporting quarterly earnings and revenue that beat analysts' expectations. FedEx also announced a $5 billion share repurchase program and reinstated its original fiscal 2022 forecast, which it lowered in September.
Rivian Automotive — Electric vehicle maker Rivian saw shares slide about 10% after reporting its first quarterly results as a public company. Rivian said reservations for its electric pickup and SUV increased 28% and announced plans to build a new vehicle assembly plant in Georgia.
General Motors — GM lost about 4% in extended trading following news that Dan Ammann, CEO of its San Francisco
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