Closing Bell Movers: Palantir down 3% after earnings

After the major indices opened the week mixed – continued Tech leadership drove the Nasdaq relatively higher while gain on the S&P 500 were more subdued – the opening hour of the evening session is seeing U.S. equity futures down marginally, with S&P 500, Dow Industrials and Nasdaq 100 contracts all down about 0.1%.  In commodities, WTI Crude Oil remains coiled just above $61 per barrel, while precious metals are also trading well off last week’s highs – Gold is just above $4,000 per ounce and Silver is below $47.80 for its 3rd consecutive day of losses.  

In earnings, Palantir (PLTR) – still a top-5 best performer on the S&P 500 year-to-date – reported better than expected numbers for Q2 and raised its guidance, though the 7% post-earnings jump gave way to sell-the-news profit-taking and shares turned lower with the company’s earnings call commentary.  Tuesday’s pre-market earnings docket will be highlighted by Uber (UBER), Shopify (SHOP), Spotify (SPOT), and Pfizer (PFE), while AMD (AMD) and Amgen (AMGN) report afterhours.

Check out this evening’s top movers from around Wall Street, compiled by The Fly.

HIGHER AFTER EARNINGS –

• Super Group (SGHC) up 21.2%
• Upwork UPWK) up 14.0%
• Paymentus Holdings (PAY) up 13.3%
• Sanmina (SANM) up 12.1%
• Exact Sciences (EXAS) up 10.8%
• Fabrinet (FN) up 10.6%
• EverQuote (EVER) up 7.1%
• Solaris Energy Infrastructure (SEI) up 6.1%
• Hims & Hers Health (HIMS) up 5.3%
• Innovative Industrial Properties (IIPR) up 4.0%
• Sterling Infrastructure (STRL) up 3.9%
• ZoomInfo Technologies (GTM) up 3.8%
• The Goodyear Tire & Rubber (GT) up 3.2%
• Clorox (CLX) up 2.0%

DOWN AFTER EARNINGS –

• Sarepta Therapeutics (SRPT) down 36.5%
• Insperity (NSP) down 29.3%
• Navitas Semiconductor (NVTS) down 13.1%
• Cabot (CBT) down 6.1%
• IAC (IAC) down 5.4%
• BWX Technologies (BWXT) down 4.1%
• Vertex Pharmaceuticals (VRTX) down 4.0%
• Palantir (PLTR) down 2.3%