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See which stocks are posting big moves after the bell on Thursday.
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 U.S. stocks shrug off a weaker-than-expected reading on second-quarter gross domestic product and other economic data, while Robinhood Markets makes its trading debut.
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Oil producers and miners rally as commodities rebound lifts dividend payouts
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More stellar earnings and a glass-is-half-full view of GDP and unemployment data helped drive stocks to fresh highs Thursday.
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 Oil futures settled higher on Thursday, with U.S. prices at their highest in more than two weeks a day after the Energy Information Administration reported weekly declines in U.S. crude, gasoline and distillate supplies. Volatility in oil remains, given the spread of the COVID variant, said Dan Flynn, an analyst at The Price Futures Group. However, "demand is increasing even with the headlines that a year ago would have sent shockwaves in the market," he said. West Texas Intermediate crude for September delivery climbed by $1.23, or 1.7%, to settle at $73.62 a barrel on the New York Mercantile Exchange, the highest front-month finish since July 13, FactSet data show.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Skyworks Solutions Inc. SWKS shares dropped in the extended session Thursday even after the semiconductor-component company's results and outlook topped Wall Street estimates. Skyworks shares fell 5% after hours, following a 2.4% rise in the regular session to close at $196.67. The company reported fiscal third-quarter net income of $337.8 million, or $2.02 a share, compared with $129.7 million, or 77 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.15 a share, compared with $1.25 a share in the year-ago period. Revenue rose to $1.12 billion from $736.8 million in the year-ago quarter. Analysts had forecast $2.14 a share on revenue of $1.11 billion. Skyworks forecast adjusted earnings of about $2.53 a share should revenue fall in the midpoint of its estimated revenue range of $1.27 billion to $1.33 billion for the fiscal fourth quarter. Analysts surveyed by FactSet had estimated $2.47 a share on revenue of $1.23 billion.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 U.S. stocks end higher as investors look past weaker-than-expected GDP data
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Investors cheered Traeger Inc. on its public debut, as the grill maker's stock opened 22% above its initial public offering price. The IPO priced overnight at $18 a share, at the top of the expected range of between $16 and $18 a share. The stock's first trade was at $22.00 at 11:08 a.m. Eastern for 3.15 million shares. At that price the company was valued at $2.59 billion. The stock has edged higher since the open, and was last trading up 23.9% at $22.30. The bullish open for the stock occurred on a day that the Renaissance IPO ETF rose 0.6% in midday trading, while the S&P 500 gained 0.6%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Poly POLY, the company formerly known as Plantronics, saw its shares fall in the extended session Thursday after the business audio and video products maker said the ongoing global chip shortage would affect its business. Poly shares fell 11% after hours, following a 0.9% decline in the regular session to close at $32.72. For the current quarter, Poly forecast adjusted earnings of 50 cents to 70 cents a share on revenue of $420 million to $440 million, while analysts had estimated 73 cents a share on revenue of $446.6 million. "The global semiconductor chip shortage has impacted companies worldwide and we expect we will continue to experience ongoing tightness in our supply chain," the company said in a statement. "In addition, as COVID-19 variants emerge, countries have taken, or may take, measures to control pandemic outbreaks, which may impact component supply and/or end-market demand." The company reported a first-quarter loss of $36.8 million, or 88 cents a share, compared with a loss of $75 million, or $1.85 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 60 cents a share, compared with 33 cents a share in the year-ago period. Revenue rose to $431.2 million from $355.7 million in the year-ago quarter. Analysts surveyed by FactSet had forecast 46 cents a share on revenue of $419.8 million.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Shares of Amazon.com Inc. fell 1.0% in afternoon trading, as investors braced for the ecommerce and cloud giant's second-quarter earnings report due out after the closing bell. The stock has declined the day after the past three earnings reports were released, and after eight of the past 11 reports for an average decline of 3.9% during those days, according to data provided by FactSet. Options traders aren't expecting too much action in the stock after the earnings report. An options strategy known as a straddle, which involves the simultaneous buying of both bullish options (calls) and bearish ones (puts) with the same "at the money" strike price, implied a post-earnings move of $115.61 in Amazon's stock price in either direction on Friday, compared with an average move of $136.55 after the past 12 quarterly reports, according to data provided by Option Research & Technology Services (ORATS) principal Matt Amberson. Amazon's stock has gained 3.5% over the past three months, while the S&P 500 has advanced 5.0%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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