After-Hours Stock Movers 05/04: (DTEA) (BGFV) (ATVI) Higher; (ESPR) (MCFE) (UPWK) Lower (more...)

Go back to After-Hours Stock Movers 05/04: (DTEA) (BGFV) (ATVI) Higher; (ESPR) (MCFE) (UPWK) Lower (more...)

Match Group (MTCH) Leaps After Beating Q1 Estimates, More Upside Left Says Analyst

May 6, 2021 7:44 AM EDT

Match Group (NASDAQ: MTCH) stock is trading 2.3% higher in pre-open Thursday after the company posted stronger-than-expected Q1 results.

Match reported earnings of $0.65 per share on an adjusted basis as sales climbed 23% to $668 million. Market analysts were calling for earnings of $0.40 per share on revenues of $650.6 million.

Exiting the summer season, our business proved resilient and maintained first-time subscriber levels well above the pre-COVID baseline, even as cases began to rise once again. In the fourth quarter, as the second wave of COVID cases and related lockdowns took hold, we... More

Alteryx (AYX) PT Lowered to $130 at Rosenblatt

May 5, 2021 7:41 AM EDT

Rosenblatt analyst Blair Abernethy lowered the price target on Alteryx (NYSE: AYX) to $130.00 (from $145.00) while maintaining a Buy rating.

The analyst commented, "Alteryx reported Q1 results (Tuesday after market close) that came in above our revenue and margin expectations, with ARR growth of... More

Wells Fargo Reiterates Overweight Rating on Activision Blizzard (ATVI) Following 1Q

May 5, 2021 6:49 AM EDT

Wells Fargo analyst Brian Fitzgerald reiterated an Overweight rating and $120.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 1Q earnings report. Net Bookings grew 36% Y/Y vs. Consensus expectations of 17%. Operating Margin was 41%, 81 bps better than Consensus.

Wells Fargo adjusted... More