3 Stocks Plunging After Earnings, Options Traders Respond

Group 1: Lyft - Lyft's stock decreased by 3.1% to $13.94 after fourth-quarter gross bookings of $4.28 billion fell short of the $4.32 billion estimate [2] - The company's first-quarter guidance of $4.05-$4.20 billion also missed analysts' forecast of $4.24 billion, raising concerns about growth amid increasing competition [2] - Options trading for Lyft is significantly active, with 141,000 calls and 85,000 puts traded, which is six times the intraday average [3] Group 2: Vertiv - Vertiv's stock dropped by 7.8% to $113.63 despite beating fourth-quarter expectations [4] - The company expects first-quarter adjusted earnings per share (EPS) between $0.57 and $0.63, which is below the $0.63 analyst estimate [4] - Vertiv's full-year EPS forecast of $3.50 to $3.60 also disappointed, with the midpoint falling below expectations [4] Group 3: Zillow - Zillow's stock fell by 10.3% to $77.42 after issuing disappointing first-quarter guidance, despite a revenue beat in Q4 [6] - The company expects first-quarter revenue between $575 million and $590 million, which is below the $599.8 million analyst estimate, raising concerns about future growth in a sluggish housing market [6] - Zillow's options market is seeing increased activity, with 14,000 calls and 13,000 puts traded, five times the intraday average [7]