Police searching Essex forest for student missing for nearly 10 days

Man killed in triple stabbing at London vigil named as Reece Young, 23

Stocks making the biggest moves after the bell: QuantumScape, Micron & more

Check out the companies making headlines after the bell on Wednesday:

Micron – Shares of the chipmaker rose 2.3% after the company reported better-than-expected results for its fiscal second quarter. Micron reported earnings per share of 98 cents on revenue of $6.24 billion. Analysts polled by Refinitiv expected a profit of 95 cents per share on revenue of $6.21 billion.

QuantumScape – The lithium-battery producer's stock popped 8.8% after the company announced it has met the requirements to close a $100 million investment by Volkswagen. The auto company will now test QuantumScape's solid-state lithium-metal cells in their labs in Germany.

Wingstop – Shares of the restaurant company ticked up by 3.8% after the company released preliminary results for the first quarter. The numbers showed Wingstop's domestic same-store sales are up 20.7% on a year-over-year basis, with digital sales skyrocketing by 63.6%.

Guess – The clothing retailer's stock jumped 4.5% after Guess posted a fourth-quarter profit that beat analyst expectations. The company reported earnings per share of $1.18, topping a FactSet estimate of 56 cents per share. Guess' revenue was slightly below analyst estimates, however.

Squarespace Acquires Tock For Over $400 Mln

Website-hosting service Squarespace Inc. Wednesday announced it has acquired restaurant-services provider Tock for more than $400 million.

Squarespace paid a mix of cash and stock for the Chicago-based company, which provides an unified system serving the hospitality industry with online reservations, table management, takeout, and events in one place.

“Ecommerce within the restaurant and hospitality industries is a large and growing market opportunity,” said Anthony Casalena, Squarespace Founder & CEO. “I’ve long admired Tock’s vision to reimagine how reservation-based businesses connect with their customers. We believe that together we will continue building on their success, bringing Tock’s capabilities to our all-in-one product suite in service of our customers in the hospitality industry and beyond.”

The acquisition of Tock follows Squarespace’s acquisitions of Acuity Scheduling, the online appointment scheduling platform, and Unfold, an app that helps anyone create elevated and engaging stories for social media, in 2019.

In January, Squarespace filed for an initial public offering. Early this month, the company said it raised about $300 million investment at an enterprise valuation of $10 billion.

Wells Fargo To Bring Employees To Office After Labor Day

Wells Fargo & Co. (WFC) is reportedly planning to bring its employees back into offices in September, after Labor Day.

Wells Fargo, the bank with the largest workforce of about 200,000 employees in US, is extending its work from home arrangement until September 6.

The bank plans to return to a “more normal operating model” on September, according to a memo from Chief Executive Officer Charlie Scharf and Chief Operating Officer Scott Powell.

“We are encouraged by the significant increase in vaccination availability and have started to plan for a return to a more normal operating model in September, soon after the Labor Day holiday in the U.S.,” Scharf and Powell wrote.

The memo was not clear about whether employees would return full-time or part-time and said many of the details have yet to be worked out.

“We know you have many questions about what this means for you,” Scharf and Powell wrote. “We will be candid: We don’t have the answers yet. We will spend the next several weeks and months developing them, and we will share our progress along the way.”

Takeaways from the third day of the Derek Chauvin trial.

By Will Wright

Cramer's lightning round: Cintas is terrific

• It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

In this article

• HIMX
• 2330-TW
• CTAS
• VIAC
• MHO
• HYLN
• GOOGL

Himax Technologies: "If we're going to go down the Taiwanese semis, we've got to go to Taiwan Semi. Let's stick with the biggest and the best."

Cintas: "Cintas is terrific."

ViacomCBS: "My take is you don't need this one. I'd rather actually see you in Alphabet."

M/I Homes: "M/I is fantastic. I like your call."

Hyliion: "I don't think you sell it here. I think you can get a bounce. These stocks are just way too low."

Disclosure: Cramer's charitable trust owns shares of Alphabet.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the "Mad Money" website? [email protected]