See the companies making headlines in after-hours trading. Unity Software — Shares of Unity Software rose more than 3% after the maker of game engines used in the Angry Birds and Pokémon Go video games said it is cutting 25% of its workforce, or about 1,800 employees. Urban Outfitters – Shares of Urban Outfitters rose more than 5% after a holiday sales update. For the two months ended December 31, 2023, the apparel retailer said the company's total net sales increased 10% compared to the year-ago period. Boeing, United Airlines — Boeing and United Airlines fell slightly in extended trading. In a statement, United Airlines said it had found some loose bolts in its Boeing 737 Max 9 aircraft. JetBlue Airways – Shares of JetBlue rose more than 1% after the company announced that President and Chief Operating Officer Joanna Geraghty will succeed Robin Hayes as CEO effective Feb. 12. Microchip Technology – Shares of Microchip Technology fell more than 3% after the microcontroller maker lowered its fiscal third-quarter revenue forecast, citing a “weakening economic environment.” The company expects a 22% decline in revenue in the third quarter, compared to previous expectations of a decline of 15% and 20%. Extreme Networks — Shares fell 7% after a pre-announcement from the networking equipment company. Extreme Networks lowered its second-quarter revenue guidance to between $294 million and $297 million, down from a previous forecast of between $312 million and $327 million and below the FactSet consensus estimate of $320.5 million. Jefferies Financial Group — The stock fell 2%. Jefferies Financial Group reported fourth-quarter revenue of $1.20 billion, down 17% from the same period last year, when the company posted $1.44 billion.
