Home Market Stocks making the largest strikes after hours: Airbnb, Lyft, Starbucks and extra

Stocks making the largest strikes after hours: Airbnb, Lyft, Starbucks and extra

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Stocks making the largest strikes after hours: Airbnb, Lyft, Starbucks and extra

Check out the businesses making headlines after the bell

Lyft — The ridesharing inventory plummeted 23% in prolonged buying and selling regardless of reporting a beat on income and an sudden revenue within the current quarter. Lyft shared steerage for the second quarter that fell under analysts’ estimates because it stated it might want to proceed to spend money on driver provide.

Airbnb — Shares of Airbnb jumped greater than 3% in prolonged buying and selling after the corporate reported a beat on the top-and-bottom-lines within the current quarter. The firm additionally shared upbeat steerage for the present interval because it eyes a journey rebound and stated it noticed nights and experiences booked surpass prepandemic ranges.

Advanced Micro Devices — The semiconductor inventory gained about 6% after hours following a beat on the top-and-bottom traces within the current quarter. AMD noticed 71% gross sales development within the quarter and shared robust income steerage for the present quarter and the yr.

Starbucks — Shares of Starbucks added greater than 2% in prolonged buying and selling after the corporate reported earnings per share of 59 cents on revenues of $7.64 billion within the earlier quarter. Analysts anticipated earnings of 59 cents on $7.60 billion in income.

Match Group — Match Group shares dipped about 6% regardless of reporting a beat on the highest and backside traces. The firm additionally stated CEO Shar Dubey would step down on May 31 and Bernard Kim, president of Zynga, will take over.

Akamai — Shares of the cybersecurity and cloud agency fell 11% after hours on the again of an earnings miss. Revenue for the quarter fell according to estimates.

Super Micro Computer — Shares of Super Micro Computer surged about 9% in prolonged buying and selling after the corporate raised its full-year steerage for earnings per share and gross sales.

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