By Katherine Hamilton
Two of Super Micro Computer's employees, including a board member, were arrested on allegations of illegally selling servers to China. The stock fell 8%, to $28.18, in after-hours trading Thursday.
FedEx raised its full-year outlook as package volume and sales increased in the third quarter. Shares gained 9%, to $388.39, after the bell.
Scholastic plans to buy back up to $200 million worth of stock through a modified "Dutch Auction" tender funded by real-estate sales. The stock rose 10%, to $37.73.
Torrid guided for higher-than-expected sales in the coming year, as its turnaround plan is starting to pay off. Shares jumped 20%, to $1.50.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 19, 2026 19:20 ET (23:20 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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