After-hours movers: Airbnb, Cloudflare surge; DraftKings, Atlassian slide

Airbnb and Cloudflare surged in after-hours trading following strong earnings, while DraftKings and Atlassian plunged on disappointing results. The moves came as investors reacted to quarterly reports from major technology and consumer companies. Airbnb jumped 11% after reporting third-quarter earnings of $3.16 per share on revenue of $4.87 billion, both exceeding analyst expectations. Cloudflare rose 14% after issuing current-quarter guidance above forecasts. Conversely, DraftKings fell 22% on a wider-than-expected loss, and Atlassian dropped 15% on weak growth projections. Other notable movers included JFrog, which gained 25% after raising full-year guidance, and Affirm Holdings, which tumbled 11% on narrowly beating revenue estimates. Axon Enterprise slid 13% after missing earnings and revenue expectations, while Lyft fell 5% on soft bookings guidance.