After-Hours Trading Headlines: Paramount CEO Departure, Mixed Earnings Results

Paramount Global shares rose slightly after announcing CEO Bob Bakish’s resignation and appointing an ‘office of the CEO.’ Chegg declined over 7% due to a CEO change and disappointing revenue guidance. NXP Semiconductors gained 5% on strong earnings per share, while Amkor Technology advanced nearly 7% after beating earnings and revenue expectations. Medifast plunged over 17% on weak guidance, and F5 fell 9% on disappointing revenue projections. Coursera shares dropped 15% on lowered revenue estimates, while Woodward rose 6% on exceeding revenue expectations. Sensata Technologies soared 17% after surpassing expectations and announcing CEO Jeff Cote’s retirement.

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