Check out the companies making headlines after the bell Wednesday:
Technology companies dominated late trading after a slew of earnings releases surprised investors.
Shares of Facebook leapt after the bell Wednesday when it easily topped Wall Street's most optimistic estimates for both revenue and earnings in the fourth quarter. The company reported it earned 79 cents per share on $5.84 billion in revenue, breezing past the 68 cents a share on $5.37 billion in revenue expected by Thomson Reuters consensus estimates. Even shares of social media competitors like LinkedIn and Twitter traded higher Wednesday after the bell.
But fellow technology giant eBay saw shares tumble in extended trading after it failed to grow sales during the critical holiday quarter. The company also guided weaker for the next quarter, predicting net revenue between $2.05 billion and $2.10 billion and adjusted EPS of 43 to 45 cents per share. The company's revenue was $2.32 billion in the fourth quarter, flat with a year earlier. Net income fell to $477 million, or 39 cents per share, from $1.02 billion, or 82 cents per share, for the e-commerce company, Reuters reported.