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Cryptocurrency News Articles

After-Hours Stock Movers: Palantir (PLTR) rose 12% after it reported strong third quarter results and guidance, and its CEO said growth is accelerating due to "unwavering" demand for AI.

Nov 05, 2024 at 06:05 am

NXP Semiconductors (NXPI) declined 5% after it issued disappointing EPS guidance for the final quarter of the year. Management noted increasing macro related weakness in the Industrial & IoT market.

After-Hours Stock Movers: Palantir (PLTR) rose 12% after it reported strong third quarter results and guidance, and its CEO said growth is accelerating due to "unwavering" demand for AI.

After-hours stock movements on Friday were mixed, with some companies posting strong gains and others seeing their share prices decline.

Palantir (NYSE:PLTR) rose 12% after it reported better-than-expected third quarter results and raised its full-year revenue outlook.

NXP Semiconductors (NASDAQ:NXPI) declined 5% after it issued disappointing EPS guidance for the final quarter of the year.

Cleveland-Cliffs (NYSE:CLF) fell 4% after it reported revenue that trailed estimates, while weaker demand and pricing drove tighter margins.

Dollar Tree (NASDAQ:DLTR) rose 7% after it announced that Rick Dreiling has stepped down from his position as Chairman and Chief Executive Officer, effective as of Nov. 3, 2024.

Lattice Semiconductor (LSCC) fell 9% after it issued guidance that was below consensus estimates.

Wynn Resorts (NASDAQ:WYNN) fell 3% after it published third quarter results that were short of expectations.

Hims & Hers Health (HIMS) rose 6% after third quarter results beat estimates. Subscribers grew to 2.0 million, up 44% year-over-year in Q3.

Coinbase (NASDAQ:COIN) fell 3% after its President and COO sold shares of the company worth $1.77 million.

Original source:investing

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