After-hours movers: MongoDB, Instacart, Iris Energy, Credo Technology and more

Published 01/12/2025, 23:06
© Reuters

After-hours movers:

MongoDB (MDB) rose 16% after reporting quarterly results that easily beat analyst estimates. Total revenue was $628.3 million for the third quarter of fiscal 2026, an increase of 19% year-over-year.

Instacart (CART) fell 5% following reports that Amazon (AMZN) is developing a new ultrafast grocery delivery service.

Iris Energy (IREN) fell 5% after it announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers.

Credo Technology Group (CRDO) rose 14% after it reported Q2 EPS of $0.67, $0.18 better than the analyst estimate of $0.49. Revenue for the quarter came in at $268 million versus the consensus estimate of $234.67 million.

Janux Therapeutics (JANX) fell 30% after it announced interim data from its Phase 1 clinical trial of JANX007, an experimental treatment for metastatic castration-resistant prostate cancer.

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