After-hours movers: Meta, Ford, IBM, ServiceNow and more

April 24, 2024 4:46 PM EDT

After-Hours Stock Movers:

Facebook parent Meta Platforms (NASDAQ: META) declined 12% it published revenue guidance for the second quarter of 2024 that disappointed investors, along with plans for higher than expected capital expenditures.

Snap (NYSE: SNAP) declined 5% and Pinterest (NYSE: PINS) declined 6% in sympathy with Meta. Alphabet (NASDAQ: GOOGL) shares were also lower.

Ford Motor (NYSE: F) climbed 2% after the automaker reported solid first quarter results and issued better than expected guidance for the year.

IBM (NYSE: IBM) declined 6% after it published lackluster first quarter results and announced a deal to buy HashiCorp, Inc (NASDAQ: HCP) for $6.4 billion.

ServiceNow (NYSE: NOW) slumped 5% after it issued second quarter guidance for subscription revenue that missed estimates.

Chipotle Mexican Grill (NYSE: CMG) rose 3.5% after it reported first quarter results that easily beat consensus figures, with comps outpacing estimates.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

After-Hours Movers