After-Hours Stock Movers:
Coinbase (NASDAQ:COIN) and other Bitcoin-related stocks were volatile after the U.S. Securities and Exchange Commission posted on twitter that it approved Bitcoin ETFs. The SEC's chairman Gary Gensler later said the SEC’s account was hacked and that the ETFs were not approved today. The drama caused Coinbase shares to decline 2%. Microstrategy (NASDAQ:MSTR) declined 2.5%, Riot Platforms (NASDAQ:RIOT) declined 2% and Marathon Digital Holdings (NASDAQ:MARA) declined 3%.
Intuitive Surgical, (Nasdaq: NASDAQ:ISRG) shares climbed 5.8% after it said it expects fourth quarter 2023 revenue of approximately $1.93 billion, an increase of 17% compared with $1.66 billion in the fourth quarter of 2022. Consensus was expecting revenue of $1.87 billion.
WD-40 Co. (WDFC) stock climbed 6.7% after it reported first quarter EPS of $1.28, $0.23 better than the analyst estimate of $1.05. Revenue for the quarter came in at $140.4 million versus the consensus estimate of $134.4 million.
Aehr Test Systems (AEHR) declined 18% after it issued 2024 guidance that disappointed investors. Aehr Test Systems sees FY2024 revenue of $75-85 million, versus the consensus of $103 million.
By Louis Juricic