After-hours movers: Applied Materials, Domino’s Pizza, Evotec
After-Hours Stock Movers:
Applied Materials (NASDAQ:AMAT) fell 4% after it reported fourth quarter results that beat estimates and guidance that was about in-line with estimates. In the first quarter of fiscal 2025, Applied expects net revenue to be approximately $7.15 billion, plus or minus $400 million. Non-GAAP diluted EPS is expected to be approximately $2.29, plus or minus $0.18.
Domino’s Pizza (NYSE:DPZ) rose 9% after Berkshire Hathaway disclosed a new stake in the company.
Evotec SE (EVO) rose 9%, adding to an intraday gain of over 10%, after Halozyme Therapeutics (NASDAQ:HALO) confirmed it has submitted a non-binding proposal to acquire Evotec for €11.00 per share in cash, implying a fully diluted equity value of €2.0 billion
Palantir (NYSE:PLTR) rose 3.5% after it announced that it will transfer the listing of its Class A Common Stock to the Nasdaq Global Select Market from the New York Stock Exchange.