After-Hours Stock Movers
NVIDIA (NASDAQ:NVDA) fell 2.1%, extending an intraday slump of 9.5% that erased $279 billion in market value. The after-hours decline was linked to a report from Bloomberg indicating that the DOJ sent subpoenas to the company as part of an escalating antitrust investigation. Weakness during the regular session was attributed to softening optimism regarding AI.
Zscaler (NASDAQ:ZS) dropped 7% after it issued full-year 2025 EPS guidance that fell short of expectations.
PagerDuty (NYSE:PD) declined 13% after revising down its full-year revenue guidance. For the fiscal year 2025, it anticipates total revenue of $463 million to $467 million, down from the previous estimate of $471 million to $477 million.
GitLab (GTLB) rose 11% after it surpassed EPS and revenue estimates, along with raising its guidance. Management expressed confidence in their ability to meet customer expectations and capitalizing on opportunities in AI.
Asana (ASAN) fell 12% following the announcement of the departure of its CFO, alongside disappointing earnings and worse-than-anticipated full-year guidance.
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