Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance. The S&P 500 and the Nasdaq closed over 1% lower, while yields on U.S. Treasuries across the curve saw a spike. Meanwhile, here are five stocks that witnessed significant movement in after-hours trading on Thursday.
1. Atlassian Corp (NASDAQ: TEAM): Shares of the software maker fell over 22% in extended trading on Thursday after the company reported earnings. Atlassian reported a 31% rise in its revenue at $807.4 million, while its net loss stood at $13.7 million for the September quarter, compared with a net loss of $411.2 million from a year earlier. The company has guided total revenue for the next quarter to be $835 million to $855 million against a Wall Street estimate of $879.4 million, according to Benzinga Analyst Stock Ratings Tool.
