After-hours movers: Uber, Workday, Ross Stores, CAVA Group
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After-Hours Stock Movers:
Uber (NYSE: UBER) fell 3% and General Motors (NYSE: GM) rose 1.8% after Uber and Cruise announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform.
CAVA Group (NYSE: CAVA) rose 4% after topping second quarter EPS estimates and raising full year guidance. CAVA now sees same restaurant sales growth of 8.5% to 9.5% vs 4.5% to 6.5% prior.
Intuit (NASDAQ: INTU) rose 3% it reported fourth quarter EPS that beat estimates, updated its guidance, and approved a $3 billion buyback.
Workday (NASDAQ: WDAY) fell 4.6% despite publishing second quarter results that beat estimates, as guidance failed to impress Wall Street.
Ross Stores (NASDAQ: ROST) rose 6% after it delivered on the top and bottom line in the second quarter. Management said it will continue to maintain a cautious approach to forecasting our sales.
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