Reported 2 months ago
In after-hours trading, Instacart's shares surged after exceeding Q2 earnings expectations and raising Q3 EBITDA forecasts. Reddit also reported higher-than-anticipated Q2 revenues and optimistic guidance for Q3. Meanwhile, Lumen Technologies saw its stock rise despite reporting a larger-than-expected Q2 loss, buoyed by the announcement of securing $5 billion in new business and improving annual free cash flow forecasts.
Source: YAHOO