After-Hours Movers: Levi, Southwest Airlines, and Others

After-Hours Stock Movers:

Levi (LEVI) experienced an 8% drop in its stock price following the release of its third-quarter financial results, which showed revenues that fell short of expectations, although it exceeded earnings per share (EPS) estimates. The denim company reaffirmed its full-year EPS guidance but reduced its revenue forecast. Additionally, Levi revealed that it is conducting a strategic review of its Dockers brand.

Southwest Airlines (LUV) saw a 2% increase as recent filings indicated that a director at the company purchased millions of dollars worth of stock in the past few days.

Joby Aviation (JOBY) rose by 1.5%, building on an intraday gain of 28% after Toyota announced a significant investment of $500 million in the company.