Stocks on the Move: Biggest Market Winners & Losers After Hours

The stock market saw significant swings in after-hours trading on Wednesday, February 12, 2025, as investors reacted to the latest earnings reports. Some companies posted strong results that sent their stock prices soaring, while others faced disappointing figures that led to sharp declines. Let’s break down the biggest movers and the reasons behind these shifts.

Major Stock Declines: Reddit, The Trade Desk, and Fastly Struggle

Reddit (RDDT) – Down 17%

Reddit’s stock took a notable hit, dropping 17% despite reporting year-over-year daily active user growth of 39%, reaching 101.7 million. However, this number fell short of the expected 103.1 million users. Although the company exceeded revenue and earnings estimates, investors were concerned about its ability to scale at the rate anticipated by analysts.

The Trade Desk (TTD) – Down 25%

The Trade Desk suffered a steep decline of 25% after missing Q4 revenue expectations. The company posted $741 million in revenue, below the forecasted $759 million. Additionally, its guidance for the upcoming quarter disappointed investors, raising concerns about its growth trajectory. On a positive note, earnings per share (EPS) came in at $0.59, exceeding estimates by three cents, softening the impact of the revenue shortfall.

Fastly (FSLY) – Down 16%

Fastly experienced a 16% decline following weaker-than-expected full-year guidance. The company reported a Q4 loss of $0.03 per share, performing worse than analysts’ projections. The real concern was the 2025 forecast, which estimated an EPS between -$0.09 and -$0.15, significantly below the expected profit of $0.04 per share. This led to doubts about Fastly’s profitability in the near future.

Biggest Stock Surges: Robinhood, AppLovin, and Dutch Bros Gain Momentum

Robinhood (HOOD) – Up 13%

Robinhood’s stock climbed 13% after the company delivered stronger-than-expected Q4 revenue. The fintech firm reported revenue of $1.01 billion, significantly outpacing estimates of $944.6 million. This performance reinforced Robinhood’s growing position in the trading and investment space, despite ongoing market volatility.

AppLovin (APP) – Up 20%

AppLovin surged 20% after exceeding Wall Street expectations for Q4. The company reported $1.37 billion in revenue, well ahead of the projected $1.26 billion. EPS also impressed, coming in at $1.73 compared to the forecasted $1.24 per share. Additionally, strong Q1 2025 guidance further fueled investor optimism about AppLovin’s future performance.

Dutch Bros (BROS) – Up 19%

Dutch Bros saw an impressive 19% rise after reporting robust financial results. Q4 revenue reached $343 million, exceeding expectations of $318 million. EPS stood at $0.07, beating Wall Street’s projection of $0.02 per share. Investors remain optimistic about the coffee chain’s continued growth and expansion, adding to the stock’s upward momentum.

Other Noteworthy Market Moves: MGM Resorts and Equinix

MGM Resorts (MGM) – Up 8%

MGM Resorts gained 8% following a solid earnings report. The company posted Q4 revenue of $4.35 billion, just above the expected $4.27 billion. Strong consumer spending in the travel and hospitality industries contributed to this positive outcome.

Equinix (EQIX) – Down 2%

Equinix announced a 10% increase in its quarterly dividend, bringing it to $4.69 per share. However, the stock still dipped 2% due to a weaker full-year revenue outlook. Concerns about growth in the cloud infrastructure sector weighed on investor sentiment.

Key Takeaways for Investors

The post-market fluctuations highlight how earnings performance and future guidance shape investor sentiment. Companies that exceeded revenue and earnings expectations, such as Robinhood, AppLovin, and Dutch Bros, saw a boost in their stock prices. Meanwhile, concerns about user growth, revenue shortfalls, and weak forecasts negatively impacted stocks like Reddit, The Trade Desk, and Fastly.

This earnings season underscores the importance of both past financial results and future projections in influencing market movements. As investors analyze earnings reports in the coming weeks, further surprises could lead to additional market volatility.