Stocks from major companies reporting results after the closing bell recorded sharp moves. Airbnb jumped 11% after beating analysts’ quarterly earnings and revenue expectations, while Cloudflare rose 14% on guidance that exceeded market forecasts. JFrog surged 25% after raising its full-year outlook, whereas Atlassian fell more than 15% after anticipating a slowdown in data center revenue growth. DraftKings plunged 22% after posting a larger quarterly loss than expected, Affirm dropped 11%, and Axon Enterprise declined 13% following results that missed expectations. Wynn Resorts, Akamai Technologies, and Lyft also fell after disappointing results or guidance.
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