economy
Stocks making the biggest moves after hours: Palantir, On Semiconductor, Snap & more
These are the stocks posting the largest moves after the bell.
TL;DR
- Palantir Technologies rose 10% following strong Q2 performance, highlighted by a significant surge in U.S. commercial revenue.
- On Semiconductor shares climbed 5% after reporting Q2 results that exceeded analyst expectations for both earnings and revenue, along with improved margins.
- Snap's stock increased by 11% after its Q2 revenue beat estimates and its key metrics for daily active users and average revenue per user also surpassed expectations.
- Whirlpool experienced a 3% decline after posting a larger-than-anticipated Q2 loss and revenues below expectations, further compounded by a reduction in its full-year earnings guidance.