Movers & Shakers: Amazon shares pop but Apple’s dip, and other movers

United States

Here are some of the biggest movers in premarket action on Friday:

Stock gainers:

Amazon.com Inc.‘s stock AMZN, +0.55% jumped more than 8% after the retail juggernaut blew past second-quarter expectations, with strong e-commerce and cloud sales.

Shares of Cloudflare Inc. NET, +1.45% surged more than 8% after the cybersecurity company’s earnings and forecast topped Street estimates.

DaVita Inc. shares DVA, -0.40% rallied 5% after the dialysis center company hiked its earnings outlook, following a beat.

Shares of Booking Holdings Inc. BKNG, -1.56% rallied nearly 12% after the travel booking site’s earnings beat, and forecast of a ‘record summer travel season,’ for the third quarter.

Shares of Atlassian Corp. TEAM, -0.03%  surged 22.5% after the workplace-collaboration cloud software developer forecast fiscal first-quarter sales that were above Wall Street’s estimates.

DraftKings Inc. DKNG, -0.83% shares jumped nearly 14% after the online sports-betting platform reported a surprise second-quarter profit and boosted its full-year sales forecast.

Stock decliners:

Apple Inc. shares AAPL, -0.73% dropped nearly 2% in the after-hours Thursday after the tech giant’s iPhone sales lagged the consensus view.

Fortinet Inc. FTNT, +1.94% stock slumped 18 after the cybersecurity group said it saw an “unusually large volume of deals” pushed out beyond the June quarter.

Shares of Block Inc. SQ, -1.26% declined more than 4% after the payments technology company reported better-than-expected quarterly results and said that it now expects to book positive adjusted operating income for the full year.

Shares of CarGurus Inc. CARG, -3.89% dropped more than 7% after the online car marketplace spooked investors by postponing its second-quarter results scheduled for after the bell Thursday, without providing much detail.

Redfin Corp.‘s stock RDFN, +0.14% was down more than 10% after the real-estate company said it will take longer than expected to break even after it lost market share in its latest quarter.

Shares of toy maker Funko Inc. FNKO, +0.82% fell 3% after the company cut its sales outlook amid continued weaker demand.

Vacation-home rental platform Airbnb Inc. ABNB, -2.55% reported second-quarter results and a third-quarter sales forecast that topped Wall Street’s estimates. But shares were down 0.2% early Friday.