After-Hours Market Update: AppLovin Surges While Zillow and Expedia Slump Following Earnings Reports
Post-market trading saw significant volatility driven by a wave of quarterly earnings reports. AppLovin (APP) emerged as a major winner, surging over 20% after beating both revenue and EBITDA estimates. Similarly, Coherent (COHR) and e.l.f. Beauty (ELF) saw gains following positive financial results and guidance. Conversely, several companies faced sharp declines despite mixed results. Zillow (Z) tumbled more than 16% due to misses on key metrics, while Expedia (EXPE) fell over 7% on weak forward guidance. Other notable decliners included Cava (CAVA), HubSpot (HUBS), and MercadoLibre (MELI), as investors reacted to earnings misses or cautious outlooks.
Tickers: $APP $COHR $EXPE $HUBS $KVYO $MELI $QCOM $WOLF
Topics: after-hours trading earnings beat earnings miss revenue guidance
Part of the story After-Hours Market Update: Palantir, Upwork, and Fabrinet Lead Gains Following Earnings Reports (2 articles)