SolarEdge, a smart energy technology company, reported fourth-quarter 2024 financial results that showed a wider-than-expected loss but beat revenue estimates. The shares surged 27%.

Shares of chipmaker Analog Devices gained 2.7% on upbeat Q1 revenue, profit. Analog Devices' Q1 revenue of $2.42 bln beat analysts' average estimate of $2.36 bln, according to data compiled by LSEG. In Q1, adjusted EPS of $1.63 also beat estimate of $1.54.

Etsy missed Wall Street estimates for holiday-quarter revenue and gross merchandise sales, hurt by weak spending on gifts and handcrafted goods, sending shares of the online marketplace down 8.7%.

US-listed shares of Philips sank 12.9%. Philips forecast a mid-single-digit decline in first-quarter comparable sales on Wednesday partly due to weak China spending, after the Dutch healthcare technology company missed expectations for the final three months of last year.

Global-E Online stock plummeted 14.4% on Wednesday, following the company's release of disappointing revenue guidance for the first quarter of 2025.

Celanese’s stock fell 18.9% after the maker of specialty materials and chemicals reported a quarterly loss. The company is grappling with weak demand from the automotive, paints and industrial sectors that is expected to last into 2025.

Bumble plunged 27.4% after the online dating service reported lower-than-expected earnings in the first quarter of 2025. Bumble also issued weak guidance as it guided for revenue in the range of $242 million to $248 million in the current quarter, missing the $257 million forecast analysts anticipated.