Yahoo Finance Stocks moving in after hours: Airbnb, Tripadvisor, Devon Energy, GoDaddy
Yahoo Finance Live’s Seana Smith examines several stocks trending in the after-hours trading session.
Video transcript
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SEANA SMITH: Let's take a look at some of our after hour movers here. We have four stocks for you to keep an eye on. Kicking it off with Airbnb. We're looking at gains of nearly 10% here in extended trading, a solid report here from the company, as the demand for travel certainly looks like it's here to stay, at least for now.
Taking a look at this quarter, they beat on both the top and bottom line. Also issued strong guidance for the current quarter right now. In the shareholder letter, Airbnb writing that it sees strong demand in Q1, and the consumer is confident to travel. That confidence remains very high.
Over the last three months, we're looking at gains of just about 14% year to date. The stock has certainly been off to a very strong start of the year. We're seeing that reflected in a number of these travel names since January 1. You're looking at gains of just about 41%.
Tripadvisor, another stock that has been off to the races since the start of the year. We're looking at a pop in after hours, up just over 8% right now, another strong beat from this company. And we're looking at a beat here on both the top and bottom lines of revenue for its most recent quarter, jumping 47% from just a year ago.
Their [INAUDIBLE] marketplace clearly has been a driver here in these recent results. That business helping to drive some of those stronger than expected numbers that we're getting from Tripadvisor, up nearly 40% since the start of the year over the last three months. So a little bit of a longer term chart there, up nearly 17%.
Kicking it over to Devon Energy. That stock under a bit of pressure here, off just about 5% in extended trading. The company's 2023 CapEx forecasts missing the Street's estimates. Free cash flow here in line with expectations at $1.1 billion.
The company also, the board here approving an 11% increase to its fixed quarterly dividend. Over the last three months you're looking at losses of nearly 11%. But over the last year, that stock is clearly in the green, up just about 22%.
And rounding it out here with GoDaddy. That stock off just over 1% here in after hours trading. Revenue just a bit light, $1.04 billion. The Street was looking for $1.05 billion. EPS missed though, full year 2023 revenue also coming in just a bit light over the last year. Stock has been essentially flat. But taking a look at the last three months or so, you can still see that the company has been able to gain back some of that momentum with shares up just about 10%.
