First Republic Stock Takes Shocking Plunge – Investors Rattled as Slide Deepens After Hours
First Republic Bank’s shares dropped 46% in after-hours trading on Friday following a report from Reuters that claimed an imminent takeover by the Federal Deposit Insurance Corp. (FDIC) was on the horizon. This drop followed a regular session which saw the company’s shares fall by 43%. Neither the FDIC nor First Republic Bank responded to […]
“Surging Coursera Stock Defies Odds: Sales Forecast Smashes Expectations, Investors Rejoice!”
Shares of Coursera Inc. experienced a boost after hours on Thursday, following the online education platform’s full-year sales forecast and first-quarter results exceeding Wall Street expectations. Additionally, the company announced a stock buyback program. Coursera’s projected full-year sales range between $600 million and $610 million, surpassing FactSet estimates of $600.9 million. Coursera Inc., a leading […]
Alteryx Stock Plunges 15% – Investors Staggered by Mixed Results, Uncertain Future Outlook
Data software company Alteryx Inc. experienced a decline in shares in the extended session on Thursday following mixed results and outlook compared to Wall Street expectations, with shares dropping as much as 15%. This occurred after a 1.3% increase in the regular session, closing at $51.02. For the first quarter, Alteryx reported a loss of […]
Datadog Stocks Dive as Amazon Points to Slowing Cloud Growth: Investments at Risk?
Shares of Datadog Inc., a monitoring and analytics platform for developers, IT operators, and business users, experienced a downturn in after-hours trading on Thursday. This followed Amazon.com Inc.’s disclosure of a further slowdown in its AWS cloud-computing unit during its earnings call, despite slightly better-than-expected sales for the unit. Datadog’s stock had originally surged due […]
Netgear’s Stock Plummets 12%: Losses Widen, Orders Vanish – Panic on the Horizon?
Shares of Netgear Inc. plummeted over 12% following a reported wider-than-expected quarterly loss and a missing revenue. The network hardware maker revealed a first-quarter loss of $9.7 million, or 33 cents a share. Analyzing it against the year-ago period’s loss of $57 million, or $1.95 a share, Netgear claims that the situation unfolded due to […]
Q1 Earnings Strike: Invisalign Creator Align Tech Sees Stock Plummet Over 5%
Shares in Align Technology Inc., the manufacturer of Invisalign orthodontic braces and other medical devices, experienced a 5% drop in the extended trading session on Wednesday in spite of the company’s positive Q1 results. Align Technology reported a net income of $88 million or $1.14 per share, a decrease in comparison to the previous year’s […]
Teradyne Stocks Soar Over 5% as Earnings and Outlook Exceed Expectations: Don’t Miss Out!
Teradyne Inc., a leading electronic testing equipment maker, has witnessed its shares rally in the extended session after its financial results and outlook exceeded Wall Street estimates. Teradyne shares surged by 7% after hours, following a 1.1% decrease in the regular session which closed at $93.33. The company’s positive financial results can be attributed to […]
eBay Stock Skyrockets 4%, Surprises Wall Street with Impressive Quarterly Profit Turnaround
eBay Inc. EBAY experienced a surge of more than 4% in after-hours trading on Wednesday, after the company reported better-than-expected quarterly earnings and revenue that surprised Wall Street analysts. In the first quarter, eBay generated a profit of $569 million, equivalent to $1.05 per share, a positive turn from the $1.4 billion loss, or $2.28 […]
Datadog Shares Skyrocket as Microsoft Remarks Ignite Hopes for Accelerated Growth Surge
Datadog Inc.’s shares surged by 14% during midday trading on Wednesday, following commentary from Microsoft Corp. about its Azure cloud computing business. Datadog is a monitoring and security platform that integrates with various cloud platforms including Microsoft Azure, Amazon Web Services and Google Cloud platform, among others. The surge in Datadog’s shares can be attributed […]
Juniper Networks’ 5% Stock Plunge: Supply Chain Snags Cause Surging Costs
Juniper Networks Inc., a leading technology company, reported its first-quarter earnings, beating Wall Street expectations. However, the company’s stock dropped nearly 5% in extended trading following the announcement. The primary reason for this drop was the company’s statement that ongoing parts shortages and supply chain “challenges” continue to impact its business. In the first quarter, […]