Stocks making the biggest moves after hours: Chip stocks fall, Fiverr climbs

for the full fiscal year. The San Jose-based company reported earnings of $5.21 per share, excluding certain items, beating the $5.16 per share expected by analysts, according to Refinitiv. However, the reported $5.52 billion in revenue was below Refinitiv's consensus estimate of $5.68 billion.

Broadcom lowered its guidance for full-year revenue from $24.50 billion to $22.50 billion. Analysts expected $24.31 billion, according to Refinitiv. The company cited a U.S. ban on working with Chinese device giant Huawei in lowering its revenue outlook. Other chip stocks followed Broadcom into the red after hours. Broadcom CEO Hock Tan said on a call with analysts that uncertainty in the industry extended beyond Huawei.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China chip industry insiders voice caution on catch-up effortsSince the U.S. government put Huawei Technologies Co Ltd on a trade blacklist, e... In 2 years chip are to become more than obsolete. Purified water droplets are nextfrontier beprepared evolve
Source: Reuters - 🏆 2. / 97 Read more »

Stocks making the biggest moves midday: Red Robin, Callaway Golf, RH & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: CrowdStrike, Lululemon, RH, Alibaba & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »