After-hours movers: Micron falls following results, Peloton gains on deal with lululemon
- Yen soars, Nikkei slides as rate hikes loom over Japan
- Broadcom annual guidance falls short after Q4 results beat; hikes dividend
- Stocks could be in 'panic' mode in 2024, warns JPM's Kolanovic
- Yen bears rush for the exits on hints of BOJ policy shift
- Lululemon Athletica Q3 results top estimates, but revenue guidance falls short
After-Hours Stock Movers:
Gritstone bio, Inc. (Nasdaq: GRTS) 39% HIGHER; as awarded a contract by the Biomedical Advanced Research and Development Authority (BARDA) to conduct a Phase 2b comparative study evaluating Gritstones self-amplifying mRNA (samRNA) vaccine candidate containing Spike plus other viral targets to protect against COVID-19. The agreement, which is valued at up to $433 million, was awarded as part of Project NextGen, an initiative by the U.S. Department of Health and Human Services (HHS) to advance a pipeline of new, innovative vaccines and therapeutics providing broader and more durable protection for COVID-19
Peloton (NASDAQ: PTON) 13% HIGHER; lululemon and Peloton announced a five-year strategic global partnership through which Peloton will become the exclusive digital fitness content provider for lululemon, and lululemon will become the primary athletic apparel partner to Peloton.
Opera Limited (NASDAQ: OPRA) 6% LOWER; announced that it has commenced an underwritten secondary public offering of 6,876,506 American Depositary Shares from a pre-IPO shareholder.
Worthington Industries (NYSE: WOR) 6% LOWER; reported Q1 EPS of $2.06, $0.02 better than the analyst estimate of $2.04. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.23 billion.
Micron Technology (NASDAQ: MU) 4% LOWER; reported Q4 EPS of ($1.07), $0.08 better than the analyst estimate of ($1.15). Revenue for the quarter came in at $4.01 billion versus the consensus estimate of $3.93 billion. Micron Technology sees Q1 2024 EPS of ($1.00)-($1.14), versus the consensus of ($0.90). Micron Technology sees Q1 2024 revenue of $4.2-4.6 billion, versus the consensus of $3.97 billion.
Jefferies Financial Group (NYSE: JEF) 3% LOWER; reported Q3 EPS of $0.22, $0.10 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.24 billion.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) 2% LOWER; reported Q4 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $100.1 million versus the consensus estimate of $99.86 million. The Duckhorn Portfolio, Inc. sees FY2024 EPS of $0.67-$0.69. The Duckhorn Portfolio, Inc. sees FY2024 revenue of $420-430 million.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- After-hours movers: MBIA surges on special dividend, lululemon falls following results
- After-hours movers: Cerevel surges on takeover, Chewy falls following results
- Equity Bancshares (EQBK) to acquire Rockhold Bancorp
Create E-mail Alert Related CategoriesSpecial Reports
Related EntitiesJefferies & Co, After-Hours Movers, IPO
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!