In This Article:
Asking for a Trend host Josh Lipton looks at some of the top after-hours stock moves.
Affirm (AFRM) stock is sinking on guidance that came in below analyst estimates.
Pinterest (PINS) is soaring after it topped revenue estimates in its first quarter and issued upbeat second quarter revenue guidance.
The Trade Desk (TTD) is surging after beating earnings per share (EPS) estimates on its first quarter results.
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All right, let's take a look at what's trending after hours now. Shares of Affirm, Pinterest, and the Trade Desk all in focus. First up, Affirm Holdings sinking, that's despite earnings coming mostly in line with expectations. Full-year guidance from the buy now pay later company came in below analysts' estimates. Affirm did boost its gross merchandise volume guidance for the fourth quarter, which came in above expectations. Meanwhile, Pinterest reporting a miss on earnings, but topping revenue estimates in the first quarter. Company noting artificial intelligence helping with growth in the quarter, with monthly active users growing 10%. Looking ahead, Pinterest providing a second-quarter revenue outlook above estimates at the midpoint. And finally, shares of Trade Desk surging after hours. Company reporting results for its first quarter and beating analysts' estimates for earnings per share. Those coming in at 33 cents. The CEO citing strategic upgrades made by the company in Q4 for the strong first quarter. Company also forecasting revenue of at least $682 million for Q2.
