After-Hours Stock Movers:
Applied Materials (NASDAQ:AMAT) fell 1.7% despite beating quarterly EPS and revenue estimates and raising guidance. Expectations were high and shares rallied heading into the print.
Reddit (RDDT) rose 6% after it and OpenAI announced a partnership that will bring Reddit content to ChatGPT.
Take-Two (NASDAQ:TTWO) fell 3% after it issued full year booking guidance that trailed estimates.
Doximity, Inc. (DOCS) rose 11% after it beat consensus estimates on the top an bottom line and issued a solid forecast for full year operating profit.
Capricor Therapeutics (NASDAQ:CAPR) rose 3% after analysts at Oppenheimer initiated coverage on the stock with a new 'outperform' rating.
DXC Technology (NYSE:DXC) fell 20% after it issued guidance for full year EPS and revenue that was sharply below analysts' forecasts.
Despegar.com Corp. (NYSE:DESP) rose 7.5% after revenue topped estimates in the first quarter and it issued solid outlook for the full year, raising its profit outlook.
Cracker Barrel (NASDAQ:CBRL) fell 7.5% after it said organic growth investments are expected to accelerate financial performance in late fiscal 2026 and into fiscal 2027. The company also provided an update on third and fourth quarter fiscal 2024.