In This Article:
There are a number of stocks moving in after-hours trading.
Match Group (MTCH) shares jumped after posting a Q2 revenue beat. The company also reported more paying Tinder users than the Street had been expecting,
Arista Networks (ANET) reported second quarter adjusted earnings that topped Street estimates. It also issued better-than-expected third quarter guidance.
Live Nation's (LYV) second quarter earnings missed estimates, but revenue was about in line with analyst expectations.
Asking for a Trend anchor Josh Lipton takes a closer look at what's moving after the market close.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend
This post was written by Stephanie Mikulich.
shares of Match Group jumping after the company reported a smaller than expected decline in paying users for Tinder. Company also posting better than expected revenue for the second quarter. Match has come under pressure from activist investors to reverse subscriber losses that have persisted for nearly two years. Also checking shares of Arista Networks edging higher after reporting better than expected second quarter earnings. Cloud company also issuing third quarter revenue guidance above estimates. And Live Nation reporting a 7% increase in revenue for the second quarter. However, earnings per share coming in below Wall Street expectations. Live Nation reporting a $1.03 in earnings per share compared to the $1.06 the street had expected.