Stocks moving in after hours: PayPal, Palantir, Lucid
Let's take a look at what is trending after hours. We've got three names for you. PayPal, Palantir and Lucid. Kicking it off with PayPal. We're looking at losses of just about 4% despite the company beating on both the top and bottom lines. It's too Q adjusted EPS outlook though coming in at the lower end of what the street was looking for. PayPal now see now saying that it expects to see $1.
15 to $1.17 a share. The street was looking for $1.17. In terms of the numbers though for its most recent quarter spending heading in the right direction here the company boosting its full year profit guidance. EO Dan Shulman saying that the company is off to a very strong start. Active accounts, active customer accounts totaling $433 million that's up compared to a year ago.
In terms of what we will be listening for on the call CEO Dan Shulman he is expected to step down at the end of the year. So any talk, any info on who could potentially be taking over for him of course will be a focus here for shareholders. You're looking at the stock up just about 6% since the start of the year. Moving on to Palantir that's stock up 25% right now in its extended trading. Certainly a strong quarter here from the company beating on revenue but the big headline raising its full year forecast and also saying that it's going to be profitable in each quarter for the year CEO Alex Karp saying that engagement and demand for its new AI platform is without precedent and we know that that is going to be rolling out here in the coming weeks. Year to day we're looking at just about 20% over the last year. Palantir though still in the red off about 18%.
And rounding it out with a lucid that's stock off about 8% here in extended trading. Revenue, missed history, expectations, also production guidance coming in at the low end of the year. It now expects to make 18,000 vehicles this year. They'd initially guided for 14,000 vehicles so a reduction there. Obviously one of the things that is weighing on the stock and a March filing also the company said that it would be cutting 18% of its workforce as it looks to reduce cost. Year to date lucid had been up just about 12%. Nekiko.
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