After-hours movers: Palantir, Cleveland-Cliffs, Coinbase and more
2024.11.04 16:54
After-Hours Stock Movers:
Palantir (NYSE:) rose 12% after it reported strong third quarter results and guidance, and its CEO said growth is accelerating due to “unwavering” demand for AI.
NXP Semiconductors (NASDAQ:) 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.
Cleveland-Cliffs (NYSE:) fell 4% after it reported revenue that trailed estimates, while weaker demand and pricing drove tighter margins.
Dollar Tree (NASDAQ:) 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:) 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:) fell 3% after its President and COO sold shares of the company worth $1.77 million.
