Stocks make the biggest moves after hours: Lyft, Airbnb and more


Discover the companies making headlines after the bell:

Lyft – The rideshare stock fell 23% in extended trading despite falling revenue and a windfall profit in the last quarter. Lyft shared second-quarter guidance that came in lower than analysts’ estimates, as it said it will need to continue investing in driver supply.

Airbnb – Airbnb shares jumped more than 3% in extended trading after the company reported a beating of highs and lows in the last quarter. The company also shared an upbeat forecast for the current period as it eyes a rebound in travel and said it has seen booked nights and experiences surpass pre-pandemic levels.

Advanced Micro Devices – The semiconductor stock gained around 6% after hours after beating highs and lows in the last quarter. AMD posted 71% sales growth in the quarter and shared strong revenue guidance for the current quarter and year.

Starbucks – Starbucks shares rose more than 2% in extended trading after the company reported earnings per share of 59 cents on revenue of $7.64 billion in the prior quarter. Analysts had expected a profit of 59 cents on $7.60 billion in revenue.

Match Group – Match Group shares fell around 6% despite reporting a beat on the top and bottom lines. The company also said CEO Shar Dubey will step down on May 31 and Bernard Kim, president of Zynga, will take over.

Akamai – Shares of the cybersecurity and cloud company fell 11% after hours due to a shortfall. Revenue for the quarter fell in line with estimates.

Super Micro Computer – Shares of Super Micro Computer jumped about 9% in extended trading after the company raised its full-year guidance for earnings per share and sales.


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