Mattel Jumps, 2U Slumps—and What Else Is Moving in the Stock Market

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The earnings are coming fast and furious this afternoon, with Mattel,

iRobot
,
and 2U making big moves in after-hours trading.

It was a solid day for the stock market, with the

S&P 500
finishing up 1.5%, the

Dow Jones Industrial Average
rising 305.28 points, or 0.9%, and the

Nasdaq Composite
jumping 2.1%. Even the

Russell 2000
got into the action with a 1.9% gain.

Much of the earnings news after the close has been solid too.

Walt Disney

(DIS) has climbed 8.1% after reporting adjusted earnings of $1.06 for its fiscal first quarter, more than triple the same period one year ago and trouncing analyst forecasts for 74 cents a share. Revenue came in at $21.8 billion, topping estimates for sales of $20.3 billion. Now that’s a magic kingdom.

Mattel

(MAT) has jumped 9.7% after it reported a profit of 53 cents a share, topping forecasts for 30 cents, on sales of $1.80 billion, beating the consensus for $1.66 billion. Mattel also offered above-consensus guidance, showing that the toy maker is most definitely not playing around.

Uber

(UBER) has gained 6.5% after reporting a profit of 44 cents a share—though that number included some pretax gains—beating forecasts for a loss of 35 cents, on sales of $5.8 billion, topping expectations for $5.3 billion. Guidance was below the Street consensus, but so far the ride-sharing company’s stock isn’t going into reverse.

Sonos

(SONO) has risen 6.2% after reporting a profit of 87 cents a share in line with forecasts for 87 cents, but reporting sales of $664.5 million, beating expectations for $642 million. It was a sweet sound to investors’ ears.

They can’t all be winners, though. iRobot (IRBT) has slumped 14% after reporting a loss of $1.05 a share, missing forecasts for a loss of 91 cents a share. Sales came in at $455.5 million, below estimates for $463 million. iRobot blamed the semiconductor shortage for its disappointing results. Even robots need parts.

2U

(TWOU) has tumbled 18% despite reporting a loss of 20 cents a share, beating forecasts for…