AppLovin tanked nearly 18% after third quarter projections disappointed with adjusted EBITDA guidance of $1.71 billion to $1.74 billion, missing the consensus estimate of $1.75 billion. DoorDash rose 1% following revenue of $4.45 billion that beat the LSEG consensus of $4.34 billion. Zillow slid 9% despite solid second quarter results with adjusted EPS of 52 cents topping estimates of 45 cents, while announcing approximately 500 job cuts. Western Digital slumped more than 10% after current quarter projections disappointed with revenue guidance of $4.1 billion, and Sandisk fell 5% despite fourth quarter results beating expectations. Duolingo tumbled 11% and Figma shed 15% following below-expectation annual guidance, while E.l.f. Beauty saw adjusted EPS surge to $1.75, crushing the consensus of 71 cents.
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