After-hours movers: Palantir, Microchip, Coherent, Hims & Hers Health
After-Hours Stock Movers:
Palantir (NYSE: PLTR) declined 7% despite beating estimates for second quarter results and raising guidance, Shares climbed heading into the print.
Microchip Technology (NASDAQ: MCHP) declined 4.5% despite reporting in-line EPS and revenue for its fourth quarter, after its first quarter forecast missed estimates.
IFF (NYSE: IFF) gained 5.9% after the cosmetic ingredients company easily beating estimates for first quarter performance.
Coherent, Inc. (NASDAQ: COHR) rose 12% after the optoelectronic components maker publishing first quarter results that beat Wall Street estimates on the top and bottom line. It also published strong guidance.
Hims & Hers Health, Inc. (NYSE: HIMS) gained 11% after reporting a surprise profit in the first quarter. It also raised full year sales guidance.
Zeta Global Holdings Corp. (NYSE: ZETA) gained 10% after forecasting second quarter revenue ahead of estimates.
Symbotic (NASDAQ: SYM) climbed 11% after second quarter revenue beat estimates and it offered a positive outlook on third quarter operating profit.