See the companies that appear in the headlines after the bell:
Lyft – Ridesharing shares fell 23% in long-term trading, despite declining earnings and unexpected earnings in the last quarter. Lyft shared guidelines for the second quarter, which fell short of analysts’ estimates, as they said they would have to continue investing in the supply of drivers.
Airbnb – Airbnb shares jumped more than 3% in expanded trading after the company saw a decline in highs and lows in the last quarter. The company also shared optimistic guidelines for the current period, as it expects travel to recover, and said it has seen booked nights and experiences exceed pre-pandemic levels.
Advanced Microdevices – Semiconductor stocks rose about 6% hours after the top and bottom line crashed in the last quarter. AMD recorded 71% sales growth in the quarter and shared strong revenue guidelines for the current quarter and year.
Starbucks – Starbucks added more than 2% to expanded trading after the company reported earnings per share of 59 cents on revenue of $ 7.64 billion in the previous quarter. Analysts had expected a profit of 59 cents on $ 7.60 billion in revenue.
Match Group – Shares of Match Group fell about 6%, although they reported a decline in the upper and lower lines. The company also said CEO Shar Duby would step down on May 31 and Bernard Kim, president of Zynga, would take office.
Akamai – Shares of cybersecurity and cloud services fell 11% hours later due to loss of earnings. Revenues for the quarter fell in line with forecasts.
Super Micro Computer – Shares of Super Micro Computer rose about 9% in expanded trading after the company raised its year-round guidelines for earnings per share and sales.
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