After-Hours Stock Movers

Qumu Corporation (Nasdaq: QUMU) 18.8% HIGHER; Synacor and Qumu announced that the companies have mutually agreed to terminate their proposed all-stock merger agreement, previously announced on February 11, 2020.

Liquidia Technologies, Inc. (NASDAQ: LQDA) 18.1% LOWER; announced today that it has commenced an underwritten public offering of its common stock

Synacor, Inc. (Nasdaq: SYNC) 8% LOWER; Synacor and Qumu Corporation (Nasdaq: QUMU) announced that the companies have mutually agreed to terminate their proposed all-stock merger agreement, previously announced on February 11, 2020.

Xilinx, Inc. (NASDAQ: XLNX) 7.5% HIGHER; sees Q1 revenue of $720-$730 million, versus the consensus of $690.3 million.

Micron Technology (NASDAQ: MU) 5.8% HIGHER; reported Q3 EPS of $0.82, $0.05 better than the analyst estimate of $0.77. Revenue for the quarter came in at $5.44 billion versus the consensus estimate of $5.31 billion. Micron Technology sees Q4 2020 EPS of $0.95-$1.15, versus the consensus of $0.81. Micron Technology sees Q4 2020 revenue of $5.75-6.25 billion, versus the consensus of $5.47 billion.

Simon Property Group (NYSE: SPG) 5% HIGHER; declared a quarterly dividend of $1.30 per share, or $5.20 annualized. This is a 38.1% decrease from the prior dividend of $2.10. Provides business update.

CRISPR Therapeutics (NASDAQ: CRSP) 4.1% LOWER; announced that it is commencing an underwritten public offering of $325,000,000 of common shares. In addition, the underwriters will have a 30-day option to purchase up to an additional $48,750,000 of common shares at the public offering price less the underwriting discount.

Herman Miller (NASDAQ: MLHR) 3.5% LOWER; reported Q4 EPS of $0.11, $0.21 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $475.7 million versus the consensus estimate of $479.63 million.

lululemon athletica inc. (NASDAQ: LULU) 3.3% HIGHER; today announced that it has entered into a definitive agreement to acquire MIRROR, a leading in-home fitness company that created an interactive workout platform that features live and on-demand classes, for a purchase price of $500 million.

Acceleron Pharma Inc. (Nasdaq: XLRN) 2.9% LOWER; announced that it intends to offer and sell, subject to market and other conditions, $400 million of its common stock in an underwritten public offering.

Innovative Industrial Properties, Inc. (NYSE: IIPR) 2.8% LOWER; announced today that it has commenced a public offering of 1,800,000 shares of its common stock.

Peloton (NASDAQ: PTON) 2.1% LOWER; lower on news lululemon will acquire home fitness innovator MIRROR for $500 million.

Pluralsight (NASDAQ: PS) 1.4% HIGHER; KeyBanc initiates coverage on with an Overweight rating and a price target of $22.00.

Wells Fargo (WFC) 1.3% LOWER; expects its common stock dividend in third quarter 2020 will be reduced

Chegg (NYSE: CHGG) 1% HIGHER; KeyBanc initiates coverage on with an Overweight rating and a price target of $80.00.