economy
Stocks making the biggest moves after hours: Advanced Micro Devices, Super Micro Computer, Arista Networks & more
See which stocks are posting big moves after the bell.
TL;DR
- Advanced Micro Devices (AMD) shares rose 7% on strong second-quarter revenue guidance, exceeding analyst estimates.
- Super Micro Computer surged 19% after issuing fourth-quarter profit expectations that significantly beat Wall Street's predictions.
- Jacobs Solutions slipped 2% despite beating second-quarter earnings and revenue expectations and raising full-year guidance.
- Arista Networks dropped nearly 14% as its adjusted gross margin narrowly missed expectations, although second-quarter revenue forecasts were in line.
- Lucid Group shares fell 2% after reporting a wider-than-expected first-quarter loss and lower-than-expected revenue.
- Klaviyo plummeted 18% following a second-quarter adjusted operating income forecast that fell short of consensus, and the announcement of its CFO's departure.
- DaVita added 3% after its first-quarter adjusted earnings and revenue surpassed analyst expectations, leading to an increase in full-year earnings guidance.
- Skyworks Solutions shares slipped almost 3% with third-quarter guidance for revenue and earnings per share announced.
- Devon Energy lost nearly 2% as first-quarter adjusted earnings and production slightly missed analyst expectations.