After-hours trading saw significant movements in several key stocks.
Palantir, a defense technology company, surged 4% after its second-quarter earnings beat expectations. The company reported adjusted earnings of 16 cents per share on $1 billion in revenue.
Vertex Pharmaceuticals, a biotech firm, plummeted 14% due to earnings that topped estimates but left investors concerned about the future.
The company’s adjusted earnings were $4.52 per share, significantly higher than expected analysts’ predictions of $4.26 per share and $2.91 billion in revenue.
In contrast, Hims & Hers Health’s shares dropped 12% as the telehealth company issued disappointing guidance for its third-quarter earnings.
Hims now expects adjusted earnings to range from $60 million to $70 million, lower than analyst consensus estimates of $77 million. The company also reported a mixed second-quarter performance, with revenue missing expectations but adjusted earnings narrowly beating.
Syndax Pharmaceuticals and Dorman Products experienced smaller price movements, rising 3% and popping 7%, respectively. Syndax posted better-than-expected results despite a higher-than-anticipated R&D expense, while Dorman hiked its full-year earnings guidance.
On the other hand, V2X and MercadoLibre saw their shares rise by over 2% and drop 4%, respectively.
V2X beat expectations with adjusted earnings of 33 cents per share on revenue of $1.08 billion. MercadoLibre’s earnings missed estimates but its expected revenue exceeded consensus forecasts.
These stocks are among the most notable movers in after-hours trading, reflecting market sentiment and investor reactions to recent financial reports.
Source: https://www.cnbc.com/2025/08/04/stocks-making-the-biggest-moves-after-hours-pltr-hims-vrtx-and-more.html