Check out the companies that made the biggest moves after the bell: Qualcomm — The chipmaker fell nearly 6% despite reporting slightly higher profits in its fourth-quarter financial report. Additionally, Qualcomm expects adjusted earnings for the current quarter to be between $2.15 and $2.35 per share, while analysts were looking for $2.26 per share, according to FactSet. AppLovin — AI stock soared more than 20% after the software company known for mobile game advertising reported better-than-expected third-quarter results. AppLovin’s adjusted EBITDA was $1.84 billion, beating the consensus estimate of $1.73 billion, according to FactSet. Sales were $2.18 billion, exceeding expectations of $2.07 billion. Expedia — Shares fell more than 7% after the company released guidance for the current quarter that was mostly below expectations. The online reservation company expects fourth-quarter revenue of $3.69 billion to $3.75 billion, compared with the average estimate of $3.74 billion from analysts surveyed by FactSet. However, the company beat expectations for both third-quarter profits and sales. Coherent — The optical materials company rose 7% after reporting adjusted earnings of $2.09 per share, compared to expectations of $1.99 per share in a FactSet survey of analysts. Sales also exceeded expectations, as did our outlook for this quarter. Zillow — Shares fell more than 16% after the company reported third-quarter earnings below key metrics. Adjusted earnings were 55 cents per share, compared to LSEG analysts’ expectations of 59 cents. Sales were also lower than expected, coming in at $724 million versus the expected $754 million. Klaviyo – The maker of customer relationship management platforms fell about 5% despite reporting better-than-expected third-quarter results. Klaviyo posted adjusted earnings of 22 cents per share on revenue of $387.2 million. FactSet consensus had called for 17 cents a share, or $380 million. Klaviyo also raised its full-year earnings outlook. MercadoLibre – The e-commerce platform fell about 7% after third-quarter profits fell short of expectations. MercadoLibre earned $8.83 per share, compared to the FactSet consensus estimate of $9.27 per share. However, sales were $10.75 billion, higher than the forecast of $10.69 billion. Arm Holdings — Shares fell nearly 2% even though the central processing unit designer reported a strong earnings report. The U.K.-based company reported earnings of 52 cents per share, compared with the consensus estimate of 47 cents per share for adjusted earnings of LSEG surveyed by analysts. Shares fell more than 11% after the company reported its third-quarter 2026 results, falling below Wall Street expectations. Earnings were 11 cents per share, compared to LSEG’s consensus estimate of 12 cents. Cava had revenue of $356 million, compared to analysts’ expectations of $359 million. Wolfspeed – The semiconductor maker fell 5% after posting a bigger-than-expected loss in its fiscal first quarter. Wolfspeed’s adjusted loss of $2.03 per share was worse than the FactSet consensus estimate of a loss of $1.99 per share. Figma — The software stock fell about 7% even after the cloud-based design platform reported disappointing third-quarter results. Figma’s adjusted earnings were 10 cents per share on revenue of $391 million, compared to the LSEG consensus of 5 cents per share and $376 million. HubSpot – Shares fell more than 8% after the company reported lower-than-expected fourth-quarter earnings and revenue guidance. HubSpot expects earnings of $3.85 to $3.87 per share on revenue of $945 million to $947 million. Analysts polled by FactSet had expected earnings of $4.09 per share and revenue of $964.9 million. However, the company’s third quarter profit and sales exceeded expectations. elf Beauty – The cosmetics company’s stock rose more than 4%. Second quarter results exceeded expectations, with Elf reporting adjusted earnings per share of $1.21 and revenue of $521 million. Analysts surveyed by LSEG called for 60 cents a share, or $470 million. Snap – The social media company’s stock fell 7%. Third-quarter revenue was $1.72 billion, slightly below LSEG’s consensus estimate of $1.73 billion. Global daily active users were also lower than expected, at 495 million compared to StreetAccount consensus of 499 million. Dutch Bros. — The coffee chain fell 19% after lowering its full-year adjusted EBITDA outlook to at least $380 million from the previous range of $385 million to $390 million. Third-quarter same-store sales were also lower than expected at 4.4%, compared to StreetAccount’s consensus estimate of 4.6%. Fastly – The edge cloud platform saw its stock price plummet 16% even though the company posted better-than-expected third-quarter earnings and revenue and beat its current quarter outlook. The company announced that Scott Lovett, president of Go To Market, will retire in 2027. — CNBC’s Sarah Ming, Sean Conlon, Ananya Chettiar and Deena Zaidi contributed reporting.
