After-Hours Movers: KBH, WOR, IONQ, TLSI, INNV
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KB Home (NYSE: KBH)
KB Home rose 2% in post-market trading following positive sector read-throughs and firming buyer demand signals across regional residential markets. Investors monitored new order velocity and gross margin stability amidst shifting mortgage rate dynamics.
Worthington Enterprises (NYSE: WOR)
Worthington Enterprises surged 14% after reporting strong fiscal Q1 results. The building products and specialized metal solutions manufacturer posted adjusted EPS of $0.82 (beating estimates by $0.07) on net sales of $343.89 million (up 13.2% YoY), driven by volume growth across its Consumer Products and Building Products segments.
IonQ (NYSE: IONQ)
IonQ climbed 8% following a technical milestone in quantum error correction. The company announced the demonstration of what it claims is the first end-to-end, real-time quantum error correction decoder capable of running on a single standard CPU. By removing classical processing bottlenecks that typically force quantum systems to pause during operations, the architecture allows continuous execution without stalling quantum workloads.
TriSalus Life Sciences (NASDAQ: TLSI)
TriSalus Life Sciences jumped 28% after receiving U.S. FDA 510(k) clearance for its TriNav® Advance device. The clearance expands the company's Pressure-Enabled Drug Delivery™ (PEDD) portfolio, enabling interventional radiologists to navigate smaller, distal vessels to treat solid tumors via telescoping or standalone configurations.
InnovAge Holding Corp. (NASDAQ: INNV)
InnovAge dropped 12% following the launch of a 10,000,000-share underwritten secondary public offering of common stock by funds affiliated with Apax Partners and Welsh, Carson, Anderson & Stowe. Underwriters were also granted a 30-day option to purchase up to an additional 1,500,000 shares, creating near-term overhang on the healthcare platform's stock price.
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