After-Hours Gainers and Decliners
A roundup of notable stock movements in after-hours trading following today's earnings reports.
Markets closed with notable after-hours movement as several major earnings reports hit the wire. The technology sector saw significant activity with multiple companies reporting quarterly results that beat or missed analyst expectations.
Among the gainers, semiconductor companies continued their upward trajectory following strong guidance from industry leaders. Cloud computing stocks also performed well after a major player reported accelerating revenue growth in its enterprise division.
On the downside, select consumer discretionary names pulled back after management teams provided cautious forward guidance citing macroeconomic uncertainties and shifting consumer spending patterns.