The stock market never truly sleeps, and after-hours trading often brings significant moves as companies release earnings reports, adjust their projections, or announce strategic changes. On February 13, 2025, several major names in tech, travel, and cryptocurrency saw their shares surge while others tumbled. From Roku’s earnings beat to GameStop’s rumored crypto investment, here’s a closer look at the biggest stock movers after the closing bell.

One of the strongest performers of the night was Roku, which surged 10% following better-than-expected quarterly earnings. The streaming platform reported a loss of $0.24 per share, beating analyst predictions of a $0.40 per share loss. With revenues of $1.20 billion also exceeding market expectations, investor sentiment reflected renewed optimism in the streaming industry.

Another major gainer was Airbnb, which saw its shares jump 12% after posting impressive earnings. The home rental giant reported an earnings per share (EPS) of $0.73, well above Wall Street forecasts of $0.58. With total revenue reaching $2.48 billion, the company demonstrated resilience in the travel sector, reassuring investors who had been concerned about a potential slowdown.

GameStop also made headlines, climbing 7% in extended trading amid reports that the company is exploring investments in Bitcoin and other cryptocurrencies. This move revives memories of its 2021 retail-investor-fueled rally, though opinions remain mixed on whether it represents an innovative strategic shift or a risky bet. Market analyst Lisa Kailai Han commented that GameStop’s interest in digital assets could signal an attempt to reinvent itself, but its long-term impact remains uncertain.

Meanwhile, cryptocurrency platform Coinbase saw its shares rise 1% after reporting an EPS of $4.68, significantly surpassing analyst estimates of $1.81. Increased crypto trading activity, driven by post-U.S. election enthusiasm, helped boost the company’s performance.

However, not all companies fared well. Semiconductor manufacturing giant Applied Materials saw its stock fall 5% despite exceeding revenue expectations. Investors reacted negatively to its weaker forward guidance, with an expected revenue of $7.1 billion slightly missing the $7.21 billion market forecast.

The night’s biggest loser was Informatica, which suffered a staggering 28% drop in share price. The company’s projected revenue for the upcoming quarter fell between $380 million and $400 million, significantly below Wall Street’s expectation of $412 million. This disappointing outlook triggered a sharp sell-off.

Other notable declines included DaVita, which fell 10% after issuing weak guidance for 2025. Despite beating Q4 earnings forecasts, its projected full-year EPS range of $10.20 to $11.30 did not meet the market’s anticipated $11.38. Additionally, Twilio shares dropped 7% on lower-than-expected guidance for the next quarter. The cloud communications company projected an EPS of $0.88 to $0.93, missing analysts’ estimates of $0.99.

In summary, the after-hours session highlighted clear winners and losers. Airbnb and Roku led the charge with strong earnings results, while GameStop’s crypto rumors fueled investor excitement. On the other hand, Informatica suffered a severe decline on weak forecasts, and Applied Materials, Davita, and Twilio faced sell-offs due to disappointing projections.

Market sentiment remains focused on earnings performance, future growth potential, and strategic shifts. As CNBC’s Christina Cheddar-Berk noted, investors are rewarding resilience and adaptability but showing little patience for companies that fail to meet forward-looking expectations. With earnings season in full swing, trends in streaming, travel recovery, and cryptocurrency will continue to shape stock movements, leaving traders to speculate on what’s next for GameStop and the broader market.