After-hours movers: Qualcomm, Carvana rise; DoorDash, Etsy, Fastly fall
After-Hours Stock Movers:
DoorDash (NASDAQ: DASH) fell 12% after it issued guidance for full year operating profit that trailed estimates.
Qualcomm (NASDAQ: QCOM) rose 4% after it published strong results for its second quarter and issued guidance that topped consensus estimates.
Carvana (NYSE: CVNA) surged 35% after it reported surprisingly strong revenue for the first quarter and issued an upbeat forecast.
Qorvo (NASDAQ: QRVO) fell 11% after issuing disappointing guidance for the fourth quarter.
Zillow Group, Inc. (NASDAQ: ZG) fell 10% after it issued guidance for second quarter revenue that trailed estimates.
Fastly, Inc. (NYSE: FSLY) fell 27% after it cut full year revenue and EPS guidance.
Etsy (NASDAQ: ETSY) fell 13% after after reporting lackluster results for the first quarter of the year. It sees similar results in the second quarter.