After-Hours Stock Movers 01/13: (FOLD) (SAP) (BHC) Higher; (SAM) (PWP) (SRC) Lower (more...)

January 13, 2022 6:00 PM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

After-Hours Stock Movers

Boston Beer Co. (NYSE: SAM) 7% LOWER; Based on information currently in hand, the Company projects full year 2021 earnings per diluted share to be between a loss of $1.00 and income of $1.00, a decrease from the prior guidance of income between $2.00 and $6.00. This projection excludes the impact of ASU 2016-09. (Consensus sees FY EPS of $5.02)

Perella Weinberg Partners (Nasdaq: PWP) 6.4% LOWER; announced that it has commenced a public offering of 3,502,033 shares of Class A common stock (the Offering). The proceeds from the Offering will be used by the Company to purchase from certain non-employee holders (i) outstanding PWP Holdings LP Class A partnership units and (ii) outstanding shares of the Company's Class B common stock. PWP will not retain any proceeds from the Offering.

Spirit Realty Capital, Inc. (NYSE: SRC) 4.5% LOWER; announced the commencement of an underwritten public offering of 6,500,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.

Amicus Therapeutics (NASDAQ: FOLD) 3.5% HIGHER; SVB Leerink upgraded from Market Perform to Outperform with a price target of $16.00 (from $12.00).

SAP SE (NYSE: SAP) 3% HIGHER; Reported its preliminary Q4 and full 2021-year results, with total revenue growing 6% year-over-year to €7.98 billion (or 3% at constant currencies). The quarter was highlighted by a rapid acceleration of the current cloud backlog to €9.45 billion, up 32% (up 26% at constant currencies) and SAP S/4HANA current cloud backlog increasing 84% to €1.71 billion (up 76% at constant currencies).

Dada Nexus Ltd. (NASDAQ: DADA) 2.5% HIGHER; Mizuho Securities initiates coverage with a Buy rating and a price target of $25.00.

Bausch Health Companies Inc. (NYSE: BHC) 1.9% HIGHER; in connection with its previously announced intention to separate its eye health business, its wholly owned subsidiary, Bausch + Lomb Corporation, has publicly filed a Registration Statement on Form S-1 with the SEC for an IPO.

Winnebago Industries, Inc. (NYSE: WGO) 1% HIGHER; will reveal an all-electric concept motorhome developed by the company’s Advanced Technology Group (ATG) at the Florida RV Super Show in Tampa, Florida. The onsite vehicle and display will be augmented by a virtual Facebook event at 2:00 p.m. Eastern time on Tuesday, January 18, 2022.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Perella Weinberg, After-Hours Movers, S1, Earnings, IPO