After-hours movers: Shares of Carvana (CVNA) and Block (SQ) surge
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After-Hours Stock Movers:
Carvana (NYSE: CVNA) climbed 23% after the used car company said it expects adjusted EBITDA significantly above $100 million in the first quarter.
Payment firm Block (NYSE: SQ) gained 11% after it beat revenue estimates and raises its outlook for full year operating profit.
Applied Optoelectronics (NASDAQ: AAOI) declined 19% after it issued revenue guidance for the first quarter that trailed estimates.
Nu Holdings (NYSE: NU) declined 5.5% after it reported net income that was below consensus.
Insulet (NASDAQ: PODD) declined 7.7% despite beating estimates for the fourth quarter. It expects revenue growth in the range of 12% to 17% for the year.
Evolent Health (NYSE: EVH) climbed 7.5% after beating estimates on the top and bottom line.
Penumbra, Inc. (NYSE: PEN) declined 9% after its revenue guidance misses estimates.
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