Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

After-hours movers: Akamai Technologies, Unity, Macrogenics and more

Published 05/09/2024, 04:49 PM
Updated 05/09/2024, 04:50 PM
© Reuters.  After-hours movers: Akamai Technologies, Unity, Macrogenics and more
AKAM
-
MGNX
-
NTRA
-
PGNY
-
FROG
-
U
-
ARRY
-

After-Hours Stock Movers:

Akamai Technologies (NASDAQ:AKAM) fell 9% after it issued disappointing guidance for the second quarter and full year. Its forecast missed estimates on the top and bottom line.

Array Technologies Inc. (ARRY) rose 8% after it published first quarter results that topped estimates.

Macrogenics (MGNX) fell 52% following an interim update on safety and preliminary efficacy data from the TAMARACK study of vobra duo in metastatic castration-resistant prostate cancer.

Sweetgreen (SG) rose 4% after it said first quarter comps rose 5%, topping estimates of 4%. It also lifted its full year comp estimate.

Natera (NASDAQ:NTRA) rose 11% after its first quarter revenue topped estimates and it raised full year guidance.

JFrog Ltd. (FROG) fell 7.5% despite topping EPS and revenue estimates in the first quarter, as guidance failed to impress Wall Street.

Progyny (NASDAQ:PGNY) declined 20% after it slashed its guidance for full year revenue.

Unity Software Inc. (U) declined 3% after it offered mixed first quarter results and guidance. Management characterized the quarter as in line with expectations.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.