Bell: Check out the companies that make headlines after GameStop. Video game retailers and meme favorites jumped 7% in extended deals. GameStop is considering investing in Bitcoin and other cryptocurrencies, a source familiar with the issue told CNBC. The company is still thinking about whether the move makes sense for GameStop’s business, sources said. Roku – Streaming service providers surged 10% after announcing a fourth-quarter loss of 24 cents per share. This was narrower than the 40-cent loss analyst LSEG voted for. Roku’s $1.2 billion revenue exceeded the expected $1.15 billion. The company also led first quarter revenues in line with expectations. Airbnb – Stocks rose 12%. The vacation rental company won 73 cents per share in revenues of $2.48 billion in the fourth quarter. According to LSEG, analysts were penciling in earnings of 58 cents per share and revenue of $2.42 billion. Coinbase – Stocks in the cryptocurrency market rose almost 1% after fourth quarter revenue exceeded expectations. Post-election rally in cryptocurrency helped to promote Coinbase’s massive trading profits. The company said it won $4.68 per share reported by LSEG, well above the $1.81 per share. Revenue of $2.27 billion exceeded expectations that it had sought $1.888 billion. Applied Materials – Semiconductor manufacturers poured 5% after leading second quarter fiscal revenue to $7.1 billion, while analysts voted by LSEG had expected $7.21 billion. However, the applied material defeated both the top and bottom estimates of the previous quarter. Yelp – Restaurant review platform rose by more than 4%. For the fourth quarter, earnings were 62 cents per share, surpassing the fact set consensus estimate of 53 cents per share. Revenue also surpassed estimates, reaching $362 million, while analysts sought $350 million. Twilio – The cloud communications company slipped 7% after Wall Street’s overwhelming first-quarter forecast. Twilio looks at adjusted revenues ranging from 88 cents to 93 cents per share, while analysts voted by LSEG sought 99 cents per share. Revenues are expected to range from $1.13 billion to $1.14 billion against an analyst’s $1.14 billion call. Palo Alto Networks – Shares fell 3% despite cybersecurity companies posting second-quarter revenue and revenue beats. Palo Alto also led the current quarter revenue and revenue range, including street estimates. GoDaddy – The web hosting company lost more than 3% as its fourth quarter revenue failed to reach analyst forecasts. GoDaddy recorded $1.36 per share in earnings, while analysts voted by LSEG called for $1.43 per share. The first quarter revenue outlook ranged between $1.175 billion and $1.195 billion, while analysts sought $1.186 billion. Davita – Stocks slid 10%. Kidney dialysis services providers are led by full-year revenues of between $10.20 and $11.30 per share, lower than the $11.38 analyst voted by FactSet. However, Davita defeated analysts’ fourth quarter estimates in both the top and underlines. DEXCOM – Medical Device Company has added 2%. Fourth quarter revenues were acquired at $11.1 billion per fact set, matching analyst expectations. Dexcom reaffirmed its full-year revenue guidance at $4.6 billion, but the analyst voted by Analyst by Factset sought $4.61 billion. DraftKings – Sports Betting app provider stocks jumped over 6%. Draftkings has increased the bottom edge of the annual revenue guidance from $6.3 billion to $6.6 billion and the midpoint of $6.45 billion. The analysts voted by LSEG were looking for $63.9 billion. Separately, the results for the fourth quarter missed the estimate of the street. Leggett & Platt – Shares added 2% after reporting that bedding makers had earned an adjusted 21 cents per share in the fourth quarter, according to FactSet. Leggett’s $11 billion revenue also beat the expected $1.03 billion. Informatica – Cloud Data Management Company tanked 28% in the current quarter’s dark outlook. Informatica believes its first quarter revenue ranges between $380 million and $400 million, but analysts voted by LSEG had expected $412 million. The year-round revenue guidance also missed the mark. The company is seeking between $1.670 million and $1.72 billion against a $1.788 billion street forecast. -CNBC’s Christina Cheddar-Berk and Darla Mercado contributed the report.
Stocks that make the biggest move after business hours: GME, COIN, ABNB, INFA
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