Stocks to Watch: DraftKings, Airbnb, Cloudflare, Affirm
Dow Jones11-06 07:46
DraftKings slashed its guidance, saying it would spend more on its prediction markets platform. The stock sank 24% to $17.82 in after-hours trading Thursday.
Airbnb gave a strong outlook, in contrast with rivals saying they saw softer travel trends ahead. Shares gained 11% to $188.89 after the bell.
Cloudflare raised its outlook after revenue jumped 39% in the latest quarter. The stock climbed 14% to $279.
Affirm's gross merchandise volume rose but by a lower percentage than some optimistic investors had hoped. Shares declined 8% to $63.62.
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