Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more

In yesterday’s extended trading session, several companies made headlines.

Airbnb: Investors were disappointed with the company’s underwhelming revenue expectations for the next quarter, leading to an 8% drop in its shares.

Despite exceeding estimates for the first quarter, Airbnb has dampened optimism for its future performance.

Robinhood: The trading platform made a strong impression with its financial results, surpassing Wall Street’s projections.

Its shares gained 6% as investors welcomed the news of healthy earnings and revenue growth.

Klaviyo: The marketing automation service impressed analysts with its optimistic revenue forecast for the current quarter, driving its shares up by 7%.

Arm Holdings: Despite posting solid full-year revenue guidance, the chip company’s shares encountered a 6% setback due to its slightly lower-than-expected projections.

Equinix: As a real estate investment trust for data centers, Equinix outperformed expectations with its adjusted earnings, resulting in an 11% jump in its shares.

AppLovin: The mobile tech company reported strong first-quarter earnings and revenue that exceeded analysts’ estimations.

This positive news contributed to a 10% increase in its stock value.

SolarEdge: Disappointing investors with its wider-than-anticipated first-quarter loss and feeble second-quarter revenue guidance, SolarEdge observed a decline of almost 7% in its shares.