SoFi – The fintech company jumped 10% on the back of a smaller-than-expected quarterly loss and revenue that exceeded analysts’ forecasts. SoFi also issued upbeat guidance and said added about 424,000 members during the quarter.
Stryker – The medical technology company dropped 4% after cutting its outlook due to inflation and foreign exchange pressures.
Eli Lilly – The drug manufacturer dropped 4.8% after it cut its full-year forecast, citing the stronger dollar and increased competition.
Hologic – The medical equipment maker popped 8.6% following its report of quarterly profit that was above expectations. Hologic also issued a strong outlook.
Avis Budget – Shares of the rental car company slid 8% despite Avis beating expectations on quarterly earnings amid a resurgence of travel.
Gartner – The research firm was up 7.5% after it beat per-share earnings expectations, according to StreetAccount, and issued positive full-year guidance.
Trex – The decking and railing maker lost 6.8% after posting weaker-than-expected earnings and revenue. Trex also said it reduced production levels and laid off staff as sales declined.
