Investing.com – Dow futures were trading slightly higher during Monday’s evening deals, after major benchmark indices declined steeply during regular trade, with the S&P 500 falling to yearly lows as investors continued to rotate away from risky technology stocks amid rising Treasury yields.
In extended deals, AMC Entertainment Holdings Inc (NYSE:AMC) lifted 3% after reporting its “strongest first quarter in two full years” as consumers return to movie theaters. Q1 losses per share came in at 52 cents versus estimates of 63 cents, while revenue for the quarter came in at $785.7 million versus $736.23 million expected.
Hims Hers Health Inc (NYSE:HIMS) gained 6.5% after reporting Q1 losses per share of 8 cents versus estimates of 7 cents. Revenue for the quarter came in at $101.3 million versus the consensus estimate of $91.17 million.
Plug Power Inc (NASDAQ:PLUG) dropped 7.7% after reporting Q1 losses per share of cents 27, $0.43 worse than the analyst estimate of 16 cents. Revenue for the quarter came in at $140.8 million versus the estimates of $144.49 million.
Microchip Technology Inc (NASDAQ:MCHP) gained 2.6% as the company reported Q4 EPS of $1.35, beating analyst estimates of $1.25, while revenues for the quarter came in at $1.84 billion versus the consensus estimate of $1.82 billion.
On the bond markets, United States 10-Year yields were steady at multi-year highs of 3.034%.