After-hours movers: Palantir, Microchip, Coherent, Hims & Hers Health

Investing.com  |  Author Louis Juricic

Published May 06, 2024 04:42PM ET

After-hours movers: Palantir, Microchip, Coherent, Hims & Hers Health

After-Hours Stock Movers:

Palantir (NYSE:PLTR) declined 7% despite beating estimates for second quarter results and raising guidance, Shares climbed heading into the print.

Microchip Technology (NASDAQ:MCHP) declined 4.5% despite reporting in-line EPS and revenue for its fourth quarter, after its first quarter forecast missed estimates.

IFF (IFF) gained 5.9% after the cosmetic ingredients company easily beating estimates for first quarter performance.

Coherent , Inc. (NYSE:COHR) rose 12% after the optoelectronic components maker publishing first quarter results that beat Wall Street estimates on the top and bottom line. It also published strong guidance.

Hims & Hers Health, Inc. (HIMS) gained 11% after reporting a surprise profit in the first quarter. It also raised full year sales guidance.

Zeta Global Holdings Corp. (ZETA) gained 10% after forecasting second quarter revenue ahead of estimates.

Symbotic (SYM) climbed 11% after second quarter revenue beat estimates and it offered a positive outlook on third quarter operating profit.

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