Oliver Gray 

Investing.com – were trading slightly higher during Monday’s evening deals, after major benchmark indices declined steeply during regular trade, with the falling to yearly lows as investors continued to rotate away from risky technology stocks amid rising Treasury yields.

0.3% more, 0.4% less and 0.5% higher

In extended deals, AMC Entertainment Holdings Inc (NYSE:) lifted 3% after its “strongest first quarter in two full years” as consumers return to movie theaters. Quarterly losses of 52 cents per share were lower than expected at 63 cents. Revenue for the quarter was $785.7 million, compared to $736.23million.

Novavax Inc (NASDAQ: ) lost 17.4% due to an earnings disappointment. The adjusted earnings came out at $2.56 per sen, compared to $3.41 as expected. This was based on revenue of $704 million and $895.2 million respectively.

Upstart Holdings Inc (NASDAQ:) tanked 43.6% after Q1 EPS of 61 cents versus 54 cents expected on revenues of $310 million versus the consensus estimate of $300.25 million.

Shockwave Medical Inc (NASDAQ) rose 11.3% following Q1 earnings per share of 41cs, compared to the expected 18 cents. 93.6 Million in revenue came in, against $86.41 millions expected.

Groupon Inc (NASDAQ): The stock dropped 13.3% in Q1 after losses of 80 cents per share versus 52 cents anticipated, and revenue was $153.3million versus $165.81million expected.

After Q1 losses of 8c per share, Hims Hers Health Inc (NYSE) saw 6.5% growth versus 7 cents estimates. The quarter’s revenue was $101.3 million, compared to the $91.17 million consensus estimate.

Connect Power Inc (NASDAQ) fell 7.7% following Q1 losses per shares of cents 27. This is $0.43 less than the analyst estimate (16 cents). The quarter’s revenue was $140.8 million, compared to $144.49 millions.

Microchip Technology Inc (NASDAQ) gained 2.6% in the fourth quarter as Q4 EPS was $1.35. Analyst estimates were higher at $1.25. Meanwhile, revenues reached $1.84 Billion versus $1.82B.

During Monday’s regular trade, the dropped 653.67 points to 32,245.70, or 1.99%. They fell 3.2% at 3,991.24, while they lost 4.29% on 11,623.25.

Stocks of major tech companies were hit hard by the loss of Tesla Inc (NASDAQ;) 9.1%, Block Inc. (NYSE:), 12.8% and Amazon.com Inc. (NASDAQ.:). Microsoft Corporation (NASDAQ.:) also lost 3.7%.

The yields on the bond market were stable at 3.034%, which was a multi-year record.