After-Hours Stock Movers:
Coty (NYSE:COTY) declined 4% after it warned sales were impacted by retailer caution and an incrementally slower U.S. market. In total, Coty’s Q1 sales grew approximately 4-5% LFL, despite the very elevated comparison of the prior year, though moderately below its prior Q1 estimated growth of 6% LFL.
Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), Occidental Petroleum (NYSE:OXY)
and other oil production stocks traded lower following reports Israel doesn’t plan strikes on Iran oil and nuclear targets. Crude prices were lower following the headline.
Trump Media & Technology Group (DJT) fell 1%, paring gains after surging 18.5% during the regular session as investors added to bets on a Trump victory in November.
Oklo Inc (OKLO) rose 1.2% after rising 9.7% intraday. Gains followed news Kairos Power and Google signed a Master Plant Development Agreement, creating a path to deploy a U.S. fleet of advanced nuclear power projects totaling 500 MW by 2035.