May 12, 2026
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Hims & Hers Health declined 14.5% to $24.84 after the telehealth service provider reported its quarterly results.
Revenue in the first quarter increased 4% to $608.1 million from $586.0 million, net income swung to a loss of $92.1 million from an income of $49.5 million, and diluted earnings per share swung to a loss of 40 cents from a profit of 20 cents a year ago.
For the second quarter, the company estimated revenue between $680 million and $700 million and adjusted operating income between $35 million and $55 million.
For the full year, the company guided revenue between $2.8 billion and $3.0 billion and adjusted operating income between $275 million and $300 million. -
Gitlab Inc. declined 10.3% to $22.92 after the company announced its restructuring plan and reaffirmed its first quarter and full-year 2027 revenue estimates.
The software company plans to reduce its country footprint by 30%, from 60, and accelerate its investment in agentic AI and organize into smaller and more focused product development teams to accelerate the release of new products.
Chief Executive Officer William Staples reiterated quarterly revenue to range between $253 million and $255 million, confirming the original estimate released on March 3. -
GameStop Corp. declined 4% to $22.15 after eBay Inc. rejected the company's $56 billion merger proposal, citing financing doubts.
eBay Inc. decreased 1% to $107.0, following the news. -
Zillow Group declined 6% to $41.85 after the real estate platform operator's revenue in its latest quarter fell short of market expectations.
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McDonald's Corp. edged up 3% to $294.17 after the fast-food company reported first-quarter adjusted earnings per share of $2.83 on revenue of $6.5 billion.
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Arm Holdings PLC dropped 8% to $218.0, and the advanced chip designer said annual revenue growth in its mobile market may be flat or slightly negative.
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Whirlpool Corp. plunged 20% to $43.0 after the home appliance maker slashed its full-year earnings per share estimate from $6.0 to between $3.0 and $3.50.
The refrigerator and washing machine maker said higher fuel prices are causing "recession-level industry decline."
The company also suspended its dividend, and added it plans to focus on paying down its debt.
May 7, 2026
May 6, 2026