After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more

April 15, 2024 4:54 PM EDT

After-Hours Stock Movers:

Tesla (NASDAQ: TSLA) declined 0.7% after falling 5.6% during the regular session following reports two key executives left the company amid plans for more layoffs. Analysts called it a 'dark day' for the automaker, as shares hit an 11-month low.

Macatawa Bank (NASDAQ: MCBC) gained 40% after it and Wintrust Financial (NASDAQ: WTFC) jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction.

Gildan Activewear (NYSE: GIL) gained 1.2% after it announced preliminary first quarter sales that topped estimates. The apparel maker also reaffirmed full year guidance.

Mitek Systems (NASDAQ: MITK) declined 7% after it published second quarter results that trailed estimates, though full year revenue guidance was about in-line with views.

Kaival Brands Innovations Group (NASDAQ: KAVL) declined 10% after surging by 136% during the regular session.

Trump Media & Technology Group (NASDAQ: DJT) declined 5%, extending an intraday slump of 18%, after it filed paperwork with the SEC that could allow it to sell millions of shares on behalf insiders, including the former president.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

After-Hours Movers, Tesla, Definitive Agreement