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

AuthorLouis Juricic
Published 05/06/2024, 04:42 PM
Updated 05/06/2024, 04:43 PM
© Reuters. After-hours movers: Palantir, Microchip, Coherent, Hims & Hers Health
MCHP
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IFF
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COHR
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HIMS
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PLTR
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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.

Latest comments

IBs manipulate the Revenue and EPS..... Analysts deceptively adjust the earning forecast lower .......and every stocks will beat the analysts forecast.....
Palantir P/E Ratio 255.82 - what a nonsense...
It is now making money, growth at around 21%, setup for another acceleration in sales and earnings as marketing effects continue to ramp up with new product offers to be released.
So shares should first fall 98% to approach the company fair value, then can rise 21% according to results. So the fair value -97%... You may add growth potential even = -95%. 19 TIMES (not %) overvalued still.
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