After-Hours Movers: Emerson Gains on Asset Sale Talk, PG&E Falls on Block Sale

October 4, 2022 6:01 PM EDT

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After-Hours Stock Movers:

Emerson Electric (NYSE: EMR) 4% HIGHER; Blackstone (NYSE: BX) in talks to acquire certain Emerson Electric assets for $5-10B - Bloomberg

Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) 3% LOWER; announced the launch of an underwritten public offering of 6,000,000 shares of common stock.

PG&E Corp. (NYSE: PCG) 3% LOWER; a block of 35 million shares is being offered for sale after-hours, according to Bloomberg

Airbnb Inc. (NASDAQ: ABNB) 1% HIGHER; Bernstein initiates coverage with an Outperform rating and a price target of $143.00.

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