AMZN stock drops 2% on weak guidance, while PINS, EXPE perform well.

From CNBC: 2025-02-06 17:22:34

Amazon’s stock fell 2% after weaker-than-expected guidance for the current quarter, forecasting sales between $151B and $155.5B, below the $158.5B analysts expected. Fourth-quarter earnings and revenue exceeded expectations.

Take-Two Interactive Software saw a 7% jump despite missing third-quarter revenue estimates. Current-quarter revenue forecast of $1.48B to $1.58B was slightly below the estimated $1.54B.

Affirm Holdings stock rose 9% following a top-line beat for the fiscal second quarter with $866M in revenues, beating the expected $807M. Gross merchandise volume grew 35% year-over-year.

Pinterest shares surged 18% after reporting fourth-quarter revenue at $1.15B, slightly exceeding analysts’ estimates of $1.14B. First-quarter revenue is expected to be between $837M and $852M, higher than the anticipated $833M.

Expedia stock gained 11% after posting fourth-quarter results above expectations with adjusted earnings of $2.39 per share on $3.18B in revenue, surpassing analysts’ estimates. The company also reinstated its quarterly dividend at 40 cents per share.

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