After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace
After-Hours Stock Movers:
LL Flooring Holdings, Inc. (NYSE: LL) 16% HIGHER; received an unsolicited, non-binding proposal from Cabinets To Go, LLC (Cabinets To Go), a subsidiary of F9 Brands, Inc., to acquire all of the outstanding shares of the Company for $5.76 per share in cash. F9 Brands is owned by LL founder
Thomas D. Sullivan.
Ambarella (NASDAQ: AMBA) 11% LOWER; reported slightly better Q1 results but issued Q2 revenue guidance below Wall Street consensus.
Horizon Technology Finance (Nasdaq: HRZN) 7% LOWER; is offering 3.25 million shares of common stock.
Sportsmans Warehouse (NASDAQ: SPWH) 6% LOWER; reported a Q1 miss on the top and bottom line and issued lackluster guidance for Q2.
Hewlett Packard Enterprise Company (NYSE: HPE) 5% LOWER; beat on the bottom-line but missed on the top-line for Q2. Q3 revenue guidance also trailed consensus.
Box (NYSE: BOX) 3% HIGHER; reported a Q1 beat on the top and bottom line and raised FY guidance.
HP Inc. (NYSE: HPQ) 2% LOWER; beat on the bottom-line but missed on the top-line for Q2.
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