Stocks making the biggest moves after hours: Coherent, AppLovin, Expedia, Qualcomm and more
Qualcomm fell 6% despite an earnings beat, with Q1 guidance below estimates. AppLovin surged 20% after topping Q3 estimates. Expedia dropped 7% due to weaker Q4 guidance. Coherent gained 7% with strong earnings and guidance. Zillow sank 16% missing Q3 metrics. Other movers include Klaviyo, MercadoLibre, Arm, Cava, Wolfspeed, Figma, HubSpot, e.l.f. Beauty, Snap, Dutch Bros, and Fastly.
How this was made

The 30-second read
Why it matters
Broad earnings season activity drives sector‑wide volatility, with individual beats or misses translating into sharp price swings.
Market read
After‑hours earnings surprises are prompting immediate price adjustments, setting the tone for pre‑market trading.
What to watch
Potential macro backdrop of tightening monetary policy could amplify earnings‑driven moves.
Background
The article aggregates after‑hours price moves tied to recent earnings releases and guidance updates across multiple U.S. listed companies.
Ticker impact
QCOM fell ~6% after reporting a slight earnings beat and guidance below expectations.
likely further downside as market prices in the earnings shortfall.
Earnings beat was modest and guidance missed consensus, prompting a sharp after‑hours sell‑off.
APP surged >20% after posting Q3 results that topped estimates on EBITDA and revenue.
upward momentum may continue into pre‑market as investors digest the beat.
Both EBITDA and revenue exceeded consensus, driving a large after‑hours rally.
EXPE shares dropped >7% after issuing weaker‑than‑expected Q4 revenue guidance.
downside likely as the market re‑prices lower revenue outlook.
Guidance below consensus outweighs the prior quarter's beat, prompting a sell‑off.
COHR gained 7% after reporting adjusted EPS of $2.09 versus $1.99 consensus and strong revenue.
upward bias may persist as investors reward the beat.
Earnings and revenue both beat expectations, fueling a solid after‑hours rally.
Z shares fell >16% after missing key metrics in its Q3 earnings.
further declines likely as the miss signals weaker performance.
Missed EPS and revenue expectations drove a sharp sell‑off.
MELI slid ~7% after Q3 earnings missed EPS expectations despite revenue beat.
downward pressure may continue given the EPS miss.
Revenue beat was insufficient to offset the EPS miss, prompting a sell‑off.
ARM dipped ~2% despite a strong earnings report that beat estimates.
modest downside as market digests mixed signals.
Even with an earnings beat, the stock fell, indicating possible concerns beyond the numbers.
WOLF dropped 5% after posting a wider‑than‑expected Q1 loss.
further downside likely as investors react to the larger loss.
Loss of $2.03 per share versus $1.99 consensus drove the sell‑off.
Market effects
Technology and consumer discretionary sectors see heightened volatility as earnings season progresses.
U.S. markets likely open lower in pre‑market trading due to broad after‑hours sell‑offs.
Limited to U.S. equities; no direct global macro impact.
Counterpoint
Some stocks (e.g., ARM, Fastly) may be oversold despite earnings beats, presenting buying opportunities.
Key entities
- CompanyQualcomm
Chipmaker reporting Q4 earnings
- CompanyAppLovin
Mobile ad platform reporting Q3 earnings
- CompanyExpedia
Online travel agency issuing Q4 guidance


