Check out the companies that make headlines in post-market trading. Reddit – Social media platforms slipped 17% after Reddit users failed to meet Wall Street’s expectations. Daily Active Unique averaged 101.7 million in the fourth quarter, reflecting 39% growth compared to the previous year, but is not responsible for analyst calls of 103.1 million. That was it. Separately, Reddit broke analyst expectations on the top and bottom line in the fourth quarter. Trade Desk – Advertising technology stocks plummeted 25% after recording $741 million in revenue in the fourth quarter. This was below the $759 million consensus forecast from analysts voted by LSEG. Current revenue guidance was also weak. Meanwhile, the company scored 59 cents per share, excluding items and defeated street estimates at 3 cents per share. Robinhood – Digital Finance Platform increased 13% to revenues exceeded expectations for the fourth quarter. Robinhood reported $10.1 billion over three months, surpassing the consensus estimate from analysts surveyed by LSEG. Applovin – App Technology Stock surged 20% after breaking Wall Street forecasts for the fourth quarter and providing revenue guidance for the current quarter. Applovin won $1.73 on revenues of $1.73 per share, while analysts voted by LSEG won the pencil with revenues of $1.24 per share and $1.26 billion. Dutch Brothers – The coffee shop chain rose 19% after fourth quarter revenue exceeded expectations and issued an optimistic annual revenue outlook. The Dutch brothers earned 7 cents per share, excluding items, earnings of $343 million. Analysts expected the Oregon-based company to have just two cents in each share and revenue of $318 million. Quick – Cloud platform providers fell around 16% due to weak year-round guidance. Analysts voted by LSEG had expected a profit of 4 cents per share, but have seen a loss of 15 to 15 cents per share over the period. The company also recorded a 3 cent per share loss in the fourth quarter, broader than analyst consensus estimates. MGM Resort – Resort and Casino operators scored 8% after recording revenue of $4.35 billion in the fourth quarter. This is better than the consensus estimate of $4.27 billion per LSEG. Equinix – Data Center Stock decreases by 2%. According to LSEG, Equinix increased its quarterly cash dividend by 10% per share to $4.69, bringing its quarterly cash dividend to $4.69, matching it to $4.69. – CNBC’s Darla Mercado contributed report
