After-hours movers: Super Micro Computer, Exact Sciences, Trump Media & Technology

After-Hours Stock Movers:

Super Micro Computer (NASDAQ: SMCI) fell 10% after its preliminary guidance for quarterly sales trailed estimates. It sees net sales in a range of $5.9 billion to $6.0 billion compared to its previous guidance range of $6 billion to $7 billion for the September quarter.

Exact Sciences (NASDAQ: EXAS) fell 28% after it lowered guidance for full year revenue. It sees total yearly revenue of $2.730 - $2.750 billion vs $2.810 - $2.850 billion previously.

Coupang (NYSE: CPNG) fell 6% despite reporting EPS and revenue that beat estimates. Net revenues were $7.9 billion, up 27% YoY on a reported basis and 32% YoY on an FX-neutral basis.

Microchip Technology (NASDAQ: MCHP) fell 4% after issuing a disappointing outlook. Net sales were $1.164 billion in the second quarter, down 6.2% sequentially and down 48.4% from the year ago quarter.

Lumen Technologies (NYSE: LUMN) rose 4% after raising full year guidance for free cash flow. It sees free cash flow of $1.2 to $1.4 billion vs $1.0 to $1.2 billion prior.

Trump Media & Technology Group (NASDAQ: DJT) shares were choppy after it issued third quarter results, with results from the presidential election still looming. In the third quarter, the Company had an operating loss of $23.7 million and a net loss of $19.2 million.

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