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DD Jan 2025 57.500 call
- Yahoo Finance Video
Snowflake stock rises while e.l.f slides in after-hours trading
Yahoo Finance's Josh Lipton breaks down the stocks moving the most in after-hours trading. Shares of e.l.f. Beauty (ELF) are sliding after the company's projections for the 2025 fiscal year came in lower than expected, despite beating top and bottom line estimates in its fourth quarter earnings. Meanwhile, shares of Snowflake (SNOW) are climbing after the software company topped first quarter earnings expectations and raised its full-year guidance for product revenue. Dupont (DD) shares received a boost after it announced that it would split into three companies, separating its electronics and water divisions. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- CNN Business
A 220-year-old American corporate powerhouse is breaking up
DuPont de Nemours, the American multinational chemical company which traces its history back to 1802, announced plans to split into three publicly traded companies.
- Reuters
DuPont to split into three companies, replaces CEO Ed Breen
The company will separate its electronics and water businesses in tax-free transactions, while the new DuPont will continue as a diversified industrial company. DuPont also named CFO Lori Koch as CEO from June 1 as the current top boss Ed Breen becomes executive chairman to join the board. Back in 2015, DuPont and Dow had agreed to merge for $130 billion, in which the two companies then split into three.
