In extended trading, Texas Instruments rose 2% after reporting third-quarter earnings of $1.47 per share on revenue of $4.15 billion, surpassing analysts’ expectations. Seagate Technology slipped 3.6% despite meeting guidance for the fiscal second quarter, while Manhattan Associates fell nearly 7% after forecasting full-year revenue slightly below expectations. Enphase Energy tumbled 9% due to missing third-quarter estimates and issuing a weak fourth-quarter revenue outlook, while Canadian National added nearly 2% after reporting third-quarter earnings in line with estimates. Starbucks declined over 3% as preliminary results showed a sales decrease, McDonald’s dropped 9% following an E. coli outbreak tied to its Quarter Pounder burgers, and CoStar Group fell 5% as its fourth-quarter outlook missed analysts’ estimates.
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