Thursday's After-Hours Movers: LinkedIn & Deckers Spike, Starbucks Loses, SolarCity Plunges

LendingClub Corp LC kicked off Thursday's after-hours earnings reports with an earnings per share of $0.04, which was $0.02 better than expected. Shares were trading higher by nearly 3 percent at $14.00.

Electronic Arts Inc. EA earned $0.65 per share on revenue of $1.5 billion, higher than the $0.45 per share and $1.1 billion analysts were looking for. Shares were trading higher by more than 3 percent at $78.45, which would mark a new 52-week high over the $76.92 that was established during Thursday's regular trading session.

Shares of LinkedIn Corp LNKD gained nearly $20 per share, or roughly 9 percent after the company said it earned $0.78 per share in the third quarter on revenue of $780 million. The company beat expectations, as analysts were looking for $0.46 per share and $755.64 million.

Deckers Outdoor Corp DECK proved to be Thursday's after-hours winner as the stock surged higher by more than 11 percent, trading at $58.00. The company handily beat expectations in its second-quarter report as the company earned $1.11 on revenue of $506.2 million. Analysts were expecting the company to earn $1.06 per share on revenue of $487 million.

Shares of Starbucks Corporation SBUX lost nearly 4 percent after the company matched expectations in its fourth quarter as it earned $0.43 per share on revenue of $4.9 billion. However, the company guided its first-quarter earnings per share to a range of $0.44 to $0.45 per share which proved to be $0.02 less than expected.

Shares of SolarCity Corp SCTY plunged more 15 percent, trading at $32.32 which marks a level below its 52-week low $34.65. Investors and traders heavily sold the stock, making it one of Thursday's after-hours biggest decliners, after the company reported an adjusted third-quarter loss of $2.10 per share on revenue of $113.9 million. Analysts were looking for a loss of $1.95 per share on revenue of $111.4 million. The company also said it expects deployments in 2016 to grow but "we are not targeting the same growth rates that have gotten us to our current scale going forward."