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Carvana, Ebay, MGM Resorts: After hour movers

Josh Lipton and Akiko Fujita

Shares of Carvana (CVNA) are surging after hours on Wednesday as the company posted its first quarter earnings, revealing it surpassed Wall Street expectations with revenue of $3 billion against an expected $2.68 billion. In addition, CEO Ernest Garcia III claimed the company delivered the best results in its history.

Shares of eBay (EBAY) are sliding after the company posted its first quarter earnings, beating Wall Street expectations on both the top and bottom line but missing on expectations for its second quarter forecast.

MGM Resorts (MGM) stock rises as the company beat Wall Street expectations on the top and bottom line with its first quarter earnings. The company's success is partly due to boosted revenue from its segment in China, growing almost 70% year-over-year.

For more expert insight and the latest market action, click here to watch this full episode.

This post was written by Nicholas Jacobino