After-Hours Stock Movements: Super Micro Computer Surges, Intuitive Surgical Dips
Several stocks experienced significant after-hours movements following their third-quarter earnings reports. Intuitive Surgical dropped nearly 10% despite reporting $3 per share in adjusted earnings and $3.05 billion in revenue. In contrast, SpaceX shares rose by 2% as the company reported a massive increase of 161% in Q3 revenue to $14.58 billion under Elon Musk's leadership. Netflix saw its stock fall nearly 5%, despite reporting third-quarter sales of $12.87 billion—up 12% year-over-year—and meeting Wall Street expectations. Capital One Financial shares climbed 5% after posting a net income of $3.5 billion, up from the previous year's $3.2 billion. Super Micro Computer saw its stock surge by 12%, driven by an upward revision in its first-quarter revenue forecast to between $18.5 billion and $19.5 billion. United Airlines shares fell slightly after reporting adjusted earnings per share of $2.54, which missed expectations.