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After-hours movers: Reddit, Lyft gain; Upstart, Twilio, ZoomInfo fall

Published 05/07/2024, 04:55 PM
Updated 05/07/2024, 04:56 PM
© Reuters.  After-hours movers: Reddit, Lyft gain; Upstart, Twilio, ZoomInfo fall
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After-Hours Stock Movers:

Reddit (RDDT) rose 15% after first quarter revenue beat estimates and it issued a strong forecast for the second quarter.

Lyft (NASDAQ:LYFT) rose 4% after bookings topped estimates and it reported a smaller loss per share than expected in the first quarter.

Upstart Holdings (NASDAQ:UPST) fell 18% after issuing disappointing guidance for second quarter revenue. The stock was briefly halted.

Rivian Automotive (NASDAQ:RIVN) fell 2% after the EV truck OEM reported a larger loss than expected in the first quarter.

Twilio (NYSE:TWLO) declined 7% despite beating Wall Street estimates on the top and bottom line in the first quarter, as guidance for the second quarter trailed estimates.

Coupang (CPNG) fell 5% after reporting first quarter operating profit that missed estimates.

Dutch Bros Inc. (NYSE:BROS) rose 7% after beating estimates and raising guidance. Results were strong across the board.

Electronic Arts (NASDAQ:EA) fell 3.6% after bookings for its fourth quarter misses consensus and it issued a disappointing forecast.

DoubleVerify Holdings Inc. (NYSE:DV) fell 34% after issuing second quarter guidance that was well short of consensus estimates.

ZoomInfo Technologies Inc. (ZI) declined despite reporting a solid start to the year, as guidance for the second quarter and full year rattled investors.

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