Stocks making the biggest moves after hours: ABNB, TTWO, PTON, AFRM
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked 7% after Rockstar Games, a subsidiary of Take-Two, announced a further delay in the release of Grand Theft Auto VI to November 2026 from May 2026. The announcement marks the second delay for the highly anticipated game. Airbnb — Shares of Airbnb rose about 5% in extended trading after the company reported strong third-quarter results and guidance . Airbnb earned $2.21 per share on revenue of $4.1 billion, while analysts polled by LSEG expected $2.34 per share on revenue of $4.08 billion. For the fourth quarter, Airbnb said it expects revenue of $2.66 billion to $2.72 billion, exceeding the $2.67 billion analysts were anticipating, per LSEG. Affirm — Shares jumped more than 12% in extended trading after the company beat on top and bottom lines, with results showing that quarterly gross merchandise volume topped the Street’s forecasts. The fintech firm earned 23 cents per share in the fiscal first quarter and reported revenue of $933 million. Analysts polled by LSEG expected a profit of 11 cents per share and $883 million in revenue. DraftKings — The sports gambling stock declined nearly 4% on the back of the company’s disappointing third-quarter results. DraftKings reported a loss of 52 cents per share, greater than the 42 cents per share loss analysts polled by LSEG forecasted. Revenue of $1.14 billion for the period also failed to meet analysts’ consensus expectation of $1.22 billion, per LSEG. Peloton — The connected fitness company’s stock popped 10% as it swung to a surprise profit in its fiscal first quarter. Peloton earned 3 cents a share on revenue of $550.8 million. Analysts had expected the company to breakeven on revenue of $540.7 million, according to FactSet. That said, paid subscriptions continued to decline. Trade Desk — Shares fell 2% even after the advertising platform reported third-quarter results that exceeded expectations, and issued rosy current quarter guidance. Trade Desk posted earnings of 23 cents on revenue of $739 million. Analysts polled by FactSet forecasted earnings of 20 cents per share on revenue of $719.1 million. Dropbox — Shares of the data storage company rose nearly 5% after reporting third-quarter result that were better than expected. Dropbox earned 74 cents per share, after adjustments, on revenue of $634.4 million. Monster Beverage — The Monster Energy drinkmaker beat on top and bottom lines for the third quarter, sending Monster Beverage shares roughly 4% higher. The company reported adjusted earnings of 56 cents per share on revenue of $2.2 billion. Analysts surveyed by LSEG expected it to earn 48 cents per share on $2.11 billion in revenue. Wynn Resorts — Wynn Resorts stock fell more than 1% after posting mixed third-quarter results. The casino operator posted $1.83 billion in revenue for the period, exceeding analysts’ estimate of $1.77 billion, per LSEG. Wynn’s earnings results, however, came up short of analysts’ consensus expectation. Block — The Cash App owner saw its stock decline nearly 9% in after-hours trading. Block reported a double miss for the fourth-straight quarter and a miss on revenue for the sixth straight quarter in the row. The company earned 54 cents per share, after adjustments, on revenue of $6.11 billion, while analysts polled by LSEG expected earnings of 67 cents per share on revenue of $6.31 billion. Sweetgreen — Shares of the salad chain fell more than11% after it cut its full-year forecast once again as consumers pull back on spending. Sweetgreen expects this year’s sales to be between $682 million and $688 million, down from a prior estimate of $700 million to $715 million. Sales at restaurants open at least a year should decline 7.7% to 8.5%, it said. It had been anticipating a decline of 4% to 6%. Expedia — Shares of online travel company jumped 14% as third-quarter results topped estimates, amid strong travel demand. The company earned $7.57 per share, after adjustments, on revenue of $4.41 billion. Analysts were expected earnings of $6.92 per share on revenue of $4.28 billion. In the fourth quarter, Expedia expects revenue to grow between 6% and 8%, solidly higher than the 2.7% consensus estimate. — Christina Cheddar Berk and Sarah Min contributed reporting.
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