Headline: Tesla, Lam Research, IBM, and More: Movers in After-Hours Trading

Stocks Moving After Market Close:

Tesla (NASDAQ:TSLA) rose 8% after surpassing earnings per share forecasts for the third quarter and announcing a modest growth expectation in vehicle deliveries for 2024.

Lam Research (NASDAQ:LRCX) climbed 5% following quarterly results that exceeded both revenue and profit expectations. The company also provided strong guidance on sales, easing fears of a slowdown.

TeraWulf (WULF) fell 5% after announcing its intention to issue $350 million in convertible senior notes due 2030 in a private offering, subject to market conditions and other factors.

Align Technology (NASDAQ:ALGN) dropped 2% after reporting mixed results for the third quarter, with weakness on the revenue side. The company expects a slight increase in Clear Aligner volume and average selling price in the fourth quarter compared to the previous quarter.

IBM (NYSE:IBM) fell 3.7% despite reporting better-than-expected earnings per share for the third quarter, as its revenue failed to impress Wall Street.

ServiceNow (NYSE:NOW) slipped 1% despite exceeding expectations for both earnings per share and revenue in the third quarter, and providing reasonable guidance. Management noted that customers are doubling down their investments in ServiceNow as an AI platform for business transformation.