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.

Special Reports

10 analysts discuss Meta Platforms (META) stock after earnings selloffApril 25, 2024 7:25 AM Ford (F) PT Raised to $13 at RBC CapitalApril 25, 2024 6:41 AM IBM (IBM) PT Lowered to $179 at Morgan Stanley, 'shares are largely fair valued'April 25, 2024 6:36 AM Meta Platforms Inc. (META) PT Raised to $562 at Rosenblatt, 'Squishy-ish guidance'April 25, 2024 6:31 AM Meta Platforms Inc. (META) PT Raised to $520 at MoffettNathanson, 'a more attractive entry point for Meta investors'April 25, 2024 6:23 AM Chipotle Mexican Grill (CMG) PT Raised to $3,350 at BTIGApril 25, 2024 5:41 AM Meta Platforms Inc. (META) PT Lowered to $500 at Deutsche BankApril 25, 2024 5:32 AM Chipotle Mexican Grill (CMG) PT Raised to $3,300 at Wells FargoApril 25, 2024 5:24 AM Truist Securities Downgrades HashiCorp Inc (HCP) to HoldApril 25, 2024 5:10 AM Chipotle Mexican Grill (CMG) PT Raised to $3,600 at Evercore ISI, 'A Value Winner'April 25, 2024 5:06 AM Chipotle Mexican Grill (CMG) PT Raised to $2,850 at BMO CapitalApril 25, 2024 5:04 AM Meta Platforms Inc. (META) PT Raised to $510 at Roth/MKM, 'Buy On Weakness; AI Moat Now Deeper'April 25, 2024 4:58 AM Meta Platforms Inc. (META) PT Lowered to $570 at RBC CapitalApril 25, 2024 4:45 AM Goldman Sachs on Meta Platforms Inc. (META): 'We expect investors to have an initial negative reaction'April 24, 2024 4:56 PM Evercore ISI Comments on IBM (IBM) EarningsApril 24, 2024 4:52 PM Evercore ISI Believes Meta Platforms Inc. (META) is Down Due to High Expectations into the PrintApril 24, 2024 4:51 PM