On April 9, 2021, a sign in front of the Levi Strauss & Co. headquarters in San Francisco, California. Getty Images/Justin Sullivan After the bell, take a look at the companies making news. Thursday: Levi Strauss is a well-known American designer. Levi Strauss stock rose 3.2 percent after the retailer’s fiscal second-quarter results beat Wall Street’s forecasts. On $1.28 billion in revenue, Levi reported adjusted earnings of 23 cents per share. According to Refinitiv, analysts predicted earnings of 9 cents per share on revenue of $1.21 billion. General Motors climbed 1.3 percent after Wedbush initiated coverage with an outperform rating and a price objective of $85 on the stock. From Thursday’s closing, that aim represents a gain of more than 51%. In a note, Wedbush analyst Dan Ives said, “CEO Mary Barra, together with other key leaders, has pushed the heritage auto firm back to the top of the auto sector in the United States.” PriceSmart — Following the warehouse club operator’s third-quarter earnings release, shares of PriceSmart climbed 2.4 percent in weak trading. PriceSmart reported earnings of 73 cents per share, versus a FactSet forecast of 65 cents per share. Accolade — Following the release of the company’s latest quarterly data, Accolade shares rose 1.2 percent in low-volume trading. According to FactSet, the health-care technology business recorded revenue of $59.5 million, compared to analysts’ expectations of $55.8 million. Accolade’s EBITDA loss was also lower than predicted./n
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