By Oliver Grey
Investing.com – have been buying and selling barely larger throughout Monday’s night offers, after main benchmark indices declined steeply throughout common commerce, with the falling to yearly lows as traders continued to rotate away from dangerous know-how shares amid rising Treasury yields.
added 0.3%, gained 0.4% and lifted 0.5%.
In prolonged offers, AMC Leisure Holdings Inc (NYSE:) lifted 3% after its “strongest first quarter in two full years” as shoppers return to film theaters. Q1 losses per share got here in at 52 cents versus estimates of 63 cents, whereas income for the quarter got here in at $785.7 million versus $736.23 million anticipated.
Novavax Inc (NASDAQ:) shed 17.4% after an earnings miss. Adjusted earnings got here in at $2.56 per share versus $3.41 anticipated, on revenues of $704 million versus $895.2 million anticipated.
Upstart Holdings Inc (NASDAQ:) tanked 43.6% after Q1 EPS of 61 cents versus 54 cents anticipated on revenues of $310 million versus the consensus estimate of $300.25 million.
Shockwave Medical Inc (NASDAQ:) superior 11.3% after Q1 EPS of 41 cents versus 18 cents anticipated. Income for the quarter got here in at $93.6 million versus $86.41 million anticipated.
Groupon Inc (NASDAQ:) dipped 13.3% after Q1 losses per share 80 cents versus 52 cents anticipated, whereas income got here in at $153.3 million versus $165.81 million anticipated.
Hims Hers Well being Inc (NYSE:) gained 6.5% after Q1 losses per share of 8 cents versus estimates of seven cents. Income for the quarter got here in at $101.3 million versus the consensus estimate of $91.17 million.
Plug Energy Inc (NASDAQ:) dropped 7.7% after Q1 losses per share of cents 27, $0.43 worse than the analyst estimate of 16 cents. Income for the quarter got here in at $140.8 million versus the estimates of $144.49 million.
Microchip Know-how Inc (NASDAQ:) gained 2.6% as the corporate This autumn EPS of $1.35, beating analyst estimates of $1.25, whereas revenues for the quarter got here in at $1.84 billion versus the consensus estimate of $1.82 billion.
Throughout Monday’s common commerce, the dropped 653.67 factors to 32,245.70, or 1.99%. The fell 3.2% to three,991.24, whereas the misplaced 4.29% to 11,623.25.
Main tech shares have been battered as Tesla Inc (NASDAQ:) shed 9.1%, Block Inc (NYSE:) fell 12.8%, Amazon.com Inc (NASDAQ:) fell 5.2% and Microsoft Company (NASDAQ:) misplaced 3.7%.
On the bond markets, yields have been regular at multi-year highs of three.034%.