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After-hours movers: Akamai Technologies, Unity, Macrogenics and more

May 9, 2024 4:49 PM

After-Hours Stock Movers:

Akamai Technologies (NASDAQ: AKAM) fell 9% after it issued disappointing guidance for the second quarter and full year. Its forecast missed estimates on the top and bottom line.

Array Technologies Inc. (NASDAQ: ARRY) rose 8% after it published first quarter results that topped estimates.

Macrogenics (NASDAQ: MGNX) fell 52% following an interim update on safety and preliminary efficacy data from the TAMARACK study of vobra duo in metastatic castration-resistant prostate cancer.

Sweetgreen (NYSE: SG) rose 4% after it said first quarter comps rose 5%, topping estimates of 4%. It also lifted its full year comp estimate.

Natera (NASDAQ: NTRA) rose 11% after its first quarter revenue topped estimates and it raised full year guidance.

JFrog Ltd. (NASDAQ: FROG) fell 7.5% despite topping EPS and revenue estimates in the first quarter, as guidance failed to impress Wall Street.

Progyny (NASDAQ: PGNY) declined 20% after it slashed its guidance for full year revenue.

Unity Software Inc. (NYSE: U) declined 3% after it offered mixed first quarter results and guidance. Management characterized the quarter as in line with expectations.

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