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News for India > Finance > Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more
Finance

Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more

Last updated: February 14, 2025 4:04 am
6 months ago
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Check out the companies making headlines after the bell : GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar with the matter told CNBC. The company is still figuring out whether the move would make sense for GameStop’s business, a source said. Roku — The streaming service provider surged 10% after posting a fourth-quarter loss of 24 cents per share, which was narrower than the 40-cent loss analysts polled by LSEG had expected. Roku’s $1.20 billion in revenue exceeded the anticipated $1.15 billion. The company also guided for first-quarter revenue that was in line with expectations. Airbnb — Shares soared 12%. The vacation rentals company earned 73 cents per share on $2.48 billion in revenue in its fourth quarter . Analysts had penciled in earnings of 58 cents per share and revenue of $2.42 billion, according to LSEG. Coinbase — Shares of the cryptocurrency marketplace rose nearly 1% after fourth-quarter earnings outpaced expectations. A postelection rally in cryptocurrencies helped drive big trading gains for Coinbase. The company said it earned $4.68 per share, far above estimates of $1.81 per share, reported by LSEG. Revenue of $2.27 billion topped expectations that called for $1.88 billion. Applied Materials — The semiconductor manufacturer shed 5% after guiding for fiscal second-quarter revenue of $7.1 billion, while analysts polled by LSEG had expected $7.21 billion. However, Applied Materials beat estimates on both the top and bottom lines for its last quarter. Yelp — The restaurant review platform rose more than 4%. Fourth-quarter earnings came in at 62 cents per share, topping FactSet consensus estimates of 53 cents per share. Revenue also surpassed estimates, arriving at $362.0 million, while analysts sought $350.2 million. Twilio — The cloud communications company slid 7% after first-quarter forecasts underwhelmed Wall Street. Twilio sees adjusted earnings ranging between 88 cents and 93 cents per share, while analysts polled by LSEG sought 99 cents per share. Revenue is expected to range between $1.13 billion and $1.14 billion, versus analysts’ call for $1.14 billion. Palo Alto Networks — Shares slipped 3% despite the cybersecurity firm posting a fiscal second-quarter earnings and revenue beat. Palo Alto also guided for current-quarter earnings and revenue ranges that encompassed the Street’s estimates. GoDaddy — The web hosting company lost more than 3% after fourth-quarter earnings fell short of analysts’ forecasts. GoDaddy posted $1.36 per share in earnings, while analysts polled by LSEG called for $1.43 per share. The revenue outlook for the first quarter ranged between $1.175 billion and $1.195 billion, while analysts sought $1.186 billion. DaVita — Shares slid 10%. The provider of kidney dialysis services guided for full-year earnings of between $10.20 and $11.30 per share, lower than the $11.38 analysts polled by FactSet had expected. However, Davita beat analysts’ fourth-quarter estimates on both the top and bottom lines. Dexcom — The medical device company added 2%. Fourth-quarter revenue came in at $1.11 billion, matching analysts’ expectations, per FactSet. Dexcom reaffirmed its guidance for full-year revenue at $4.60 billion, while analysts polled by FactSet called for $4.61 billion. DraftKings — Shares of the sports betting app provider jumped more than 6%. DraftKings lifted the lower end of its full-year revenue guidance to $6.3 billion to $6.6 billion, bringing its midpoint to $6.45 billion. Analysts polled by LSEG were looking for $6.39 billion. Separately, fourth-quarter results missed the Street’s estimates. Leggett & Platt — Shares added 2% after the bedding manufacturer reported it had earned an adjusted 21 cents per share in its fourth quarter, exceeding the 20 cents analysts had expected, per FactSet. Leggett’s $1.10 billion in revenue also beat the expected $1.03 billion. Informatica — The cloud data management company tanked 28% on a bleak outlook for the current quarter. Informatica sees first-quarter revenue ranging between $380 million and $400 million, while analysts polled by LSEG anticipated $412 million. Full-year revenue guidance also missed the mark, with the company calling for $1.67 billion to $1.72 billion, versus the Street’s forecast for $1.78 billion. — CNBC’s Christina Cheddar-Berk and Darla Mercado contributed reporting.



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