After-hours movers: NVIDIA surges, Rivian sinks, and more
After-Hours Stock Movers:
NVIDIA Corporation (NASDAQ:NVDA) shares surged 9.5% after the chip maker beat earnings expectations for the fourth quarter and issuing guidance that topped views. Other AI-related stocks including Super Micro Computer (NASDAQ:SMCI), AMD (NASDAQ:AMD) and Palantir Technologies (NYSE:PLTR) also gained.
Rivian Automotive (NASDAQ:RIVN) declined after the electric vehicle OEM issued a production forecast for the year that trailed estimates. Shares were down 13%.
Etsy (NASDAQ:ETSY) declined 5.5% after the e-commerce company reported mixed results and guidance.
Synopsis (SNPS) climbed 3.6% after beating consensus estimates.
Dutch Bros Inc. (NYSE:BROS) climbed 7% after the coffee-based franchise operator topped consensus expectations in the fourth quarter.
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