By Sabela Ojea

Salesforce on Wednesday reported a surge in both third-quarter profit and projected earnings ahead of Wall Street estimates for the current quarter. Shares of the company climbed 8.7% to $250.30 in after-hours trading.

Weibo commenced an offering of American depositary receipts, which it intends to loan to an affiliate of the offering's underwriter. Shares of the social media company declined 6% to $10.64 in after-hours trading.

PVH lowered its revenue expectations for the year and said it expects to report a decline in sales in the fourth quarter. Shares of the owner of Calvin Klein and Tommy Hilfiger dropped 5.5% to $86.50 in after-hours trading.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

November 29, 2023 19:03 ET (00:03 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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