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News for India > Finance > Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more
Finance

Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more

Last updated: February 6, 2026 3:37 am
4 months ago
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Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit — The social network’s stock popped 4% after its fourth-quarter earnings came in ahead of expectations. Reddit additionally gave upbeat guidance for 2026 and announced a $1 billion share buyback program. Amtech Systems — Shares of the semiconductor parts manufacturer cratered 28%. Amtech reported 3 cents earned per share on an adjusted basis and $19 million in revenue for the first fiscal quarter, lower than the 6 cents a share and $24.4 million seen in the same period a year prior. Molina Healthcare — The health insurance company tanked 33% after posting an adjusted loss per share of $2.75, weighed down by premium adjustments in Medicaid and cost pressures in Medicare. Molina said full-year revenue should come in at $44.5 billion, under the prediction for $46.55 billion from analysts surveyed by LSEG. Bill — The financial operations platform surged 12% after an earnings and revenue beat. Bill reported 64 cents in adjusted earnings per share and $414.7 million in revenue, higher than estimates of 56 cents in earnings per share and $399.8 million in revenue, according to analysts polled by FactSet. The company also delivered guidance for the current quarter and the rest of its fiscal year that beat expectations. Envista Holdings — Shares of the dental products company rose 14% after the company posted better-than-expected fourth-quarter results. Envista said it earned 38 cents per share, excluding items, on revenue of $750.6 million. The company estimates it will grow core sales between 2% and 4% in 2026. Adjusted earnings will be between $1.35 and $1.45 per share this year. Gen Digital — Shares of the LifeLock parent rose more than 9% after quarterly revenue and profit outpaced estimates as consumers look to guard against cybersecurity risks. In the fourth quarter, Gen Digital earned 64 cents per share on an adjusted basis, topping FactSet estimates by a penny. Revenue of $1.24 billion also narrowly topped the consensus estimate of $1.23 billion. For the full year, the company raised its earnings estimates to between $2.45 and $2.56 per share. Fortinet – The cybersecurity company saw shares jump more than 5%. Fourth-quarter adjusted earnings came in at 81 cents a share on revenue of $1.91 billion, topping the LSEG consensus call for 74 cents per share and $1.86 billion in revenue. Fortinet also expanded its share repurchase authorization by $1 billion. Iren – The data center company slid 10% after fiscal second quarter results missed Wall Street’s estimates. Adjusted EBITDA came in at $75.3 million and revenue was $184.7 million. Analysts polled by FactSet were looking for $92.1 million in EBITDA and $224.3 million in revenue. Atlassian – Shares of the workplace software company lost more than 9%. Atlassian said that it sees full-year revenue rising about 22% year over year, only narrowly beating the FactSet consensus estimate of 21.1%. Adjusted earnings for the fiscal second quarter came in at $1.22 per share, beating the LSEG consensus call for $1.14 per share. Revenue landed at $1.59 billion for the period, versus the $1.54 billion estimate. Alpha and Omega Semiconductor — Shares of the semiconductor maker fell 12%. The company reported a revenue of $162.3 million in the fiscal second quarter, a 6.3% decrease from the same quarter last year. It also reported an adjusted loss per share of 16 cents, wider than the 8-cent per share loss analysts polled by FactSet expected. Strategy — Shares of the bitcoin holding company fell 4% in extended trading after ending Thursday’s session down 17%. Strategy said its fourth-quarter loss widened to $42.93 per share from a loss of $3.03 per share a year ago, as the value of bitcoin tumbled. The cryptocurrency has fallen more than 27% since the start of 2026, while Strategy’s stock is down nearly 30%. Microchip Technology – Shares of the semiconductor company slipped almost 6%. Microchip posted fiscal third-quarter results that narrowly beat analysts’ expectations. Adjusted earnings came in at 44 cents per share and revenue was $1.19 billion. Analysts polled by LSEG were looking for 41 cents per share and $1.18 billion in revenue. — CNBC’s Christina Cheddar Berk, Darla Mercado, Itzel Franco and Davis Giangiulio contributed reporting.



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