Multiple company stocks swing in after-hours trading on earnings and guidance
Updated
Updated · CNBC · May 6
Multiple company stocks swing in after-hours trading on earnings and guidance
5 articles · Updated · CNBC · May 6
Fortinet rose 16%, DoorDash 14% and Arm 6%, while Fastly sank nearly 30% and Whirlpool 16% after quarterly updates.
DoorDash forecast second-quarter gross order value of $32.4 billion to $33.4 billion, Fortinet raised full-year billings guidance, and Whirlpool cut adjusted earnings guidance to $3 to $3.50 a share.
Zillow, Coherent, IonQ, Snap and Akamai also fell, while Flutter and Albemarle gained, as investors reacted to beats, misses and cautious outlooks across technology, consumer and industrial sectors.
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