Shopify, Robinhood, Occidental Petroleum, Etsy, DoorDash: After-hours movers

Yahoo Finance Live's Seana Smith examines the stock action surrounding several companies trending in the after-hours trading session.

Video Transcript

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SEANA SMITH: Let's take a look at a couple of names that's trending after-hours all because of earnings. We have Shopify, Occidental, Robinhood, Etsy, and DoorDash. Kicking it off with Shopify, we're looking at losses of just about 2% here in extended trading.

Now, the company beating on revenue of 31% growth year-over-year. Subscription revenue was up 21% on a year-over-year basis. The company cash flow positive for the third consecutive quarter in a row. This is a stock that's run up over 30% in the last three months. Expectations were very high going into this report. So we're seeing some selling action in extended trading. And Shopify also closed the day off just about 7 and 1/2%.

Let's move on to Robinhood here. And Robinhood shares under a bit of pressure, off just about 4% right now. The company monthly active users missing expectations, 10.8 million. Estimate was for 11.7 million. That was declining from the previous quarter here. And you're taking a look at Robinhood, if we can pull it up on the screen. The stock has been under some pressure, obviously, having a tough time here attracting and keeping their users, with that disappointing number here. Year-to-date, though, we're still looking at gains of just about 52%. So the fact that they did miss on that key metrics, putting some pressure on shares in after hours.

Let's head back to Occidental Petroleum. That stock off just about 2% in extended trading. Remember, this is the company that Warren Buffett's Berkshire Hathaway recently just upped its stake in to about 25%. Earnings missed expectations. Revenue also coming in a bit short, falling 37% from a year ago. Year-to-date, looking at losses of just about 2.5%.

All right. Let's take a look at Etsy. That's hot out here with results moments ago, off just about 5.5%. Third quarter revenue guidance missing the midpoint of the range. And that's enough to put pressure on shares here in extended trading. Second quarter revenue up 7.5%, better than expected. Services revenue was up 21%. Active sellers up 12% to 8.31 million buyers up 2.5% to 96.3 million. That was also better than expected. We heard from Etsy in this report, Etsy ads once again are a big driver here to revenue growth. But the stock's still off about 5%.

Rounding it out with DoorDash. That stock on the move. This stock posting some gains here, up just about 4%. They raised their full-year guidance here for gross order value. That, of course, is a critical point here in this report. That came-- that coming in better than expected for the second quarter. Revenue up about a third up, 33% on a year-over-year basis, beating the Street's expectations at just over 2 billion-- 2.13 billion. Orders also increasing 25% from a year ago. We're looking at gains of about 4%.