After-hours movers: Palantir, NXP Semiconductors and more

After-Hours Stock Movers:

NXP Semiconductors (NASDAQ: NXPI) stock rose 3% after it reported better than expected earnings per share in the final quarter of 2023 and solid guidance for the first quarter of 2024.

Palantir (NYSE: PLTR) surged 16% after it report better than expected revenue in the fourth quarter. Revenue guidance for the first quarter trailed estimates but guidance for adjusted income from operations beat the consensus.

Chegg (NYSE: CHGG) declined 7% after issuing a forecast for the first quarter of 2024 that was below Wall Street expectations.

Symbotic Inc. (NASDAQ: SYM) declined 20% it forecast a sharp decline in EBITDA in the second quarter of year on better than expected revenue.

MorphoSys (NASDAQ: MOR) rose 2%, adding to an intraday gain of 56%. Novartis (NYSE: NVS) entered into an agreement to takeover the Germany-based biopharmaceutical company for 68 euros per share.

FMC Corp. (NYSE: FMC) declined 14% after reporting and revenue that missed expectations, along with soft guidance.

By Louis Juricic

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