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After-Hours Stock Movers 10/14: (ORGO) (ARWR) (SNBR) Higher; (FSLY) (NET) (DDOG) Lower (more...)

October 14, 2020 6:09 PM

Today's After-Hours Stock Movers:

Organogenesis Holdings Inc. (Nasdaq: ORGO) 26.7% HIGHER; Net revenue of between $99.0 million and $100.0 million for the three months ended September 30, 2020, up 54% to 56%. (Consensus sees Q3 revenue of $72 million).

Fastly, Inc. (NYSE: FSLY) 26% LOWER; now expects third quarter 2020 total revenue of $70.0 to $71.0 million, compared to its previous guidance of $73.5 to $75.5 million. All previously issued third quarter and full-year guidance that Fastly disclosed in its second quarter shareholder letter and related call on August 5 should not be relied upon. (*Consensus sees Q3 revenue of $74.8 million).

Vertex Pharma (NASDAQ: VRTX) 11.3% LOWER; has decided to stop dosing in trial and will discontinue development of VX-814

Arrowhead Pharma (NASDAQ: ARWR) 11% HIGHER; Gains After Vertex Pharma (NASDAQ: VRTX) Discontinues VX-814.

Sleep Number Corporation (NASDAQ: SNBR) 10% HIGHER; reported Q3 EPS of $1.79, $0.79 better than the analyst estimate of $1.00. Revenue for the quarter came in at $531.16 million versus the consensus estimate of $515.83 million. Sleep Number Corporation sees FY2020 EPS of $4.00, versus the consensus of $2.77.

Cloudflare, Inc. (NYSE: NET) 6.4% LOWER; falls on FSLY warning

Datadog, Inc. (NASDAQ: DDOG) 4% LOWER; falls on FSLY warning

Vishay Intertechnology, Inc., (NYSE: VSH) 3.5% HIGHER; announced that its results for the third fiscal quarter of 2020 are expected to be above the Companys's previous outlook. The Company now expects third quarter revenues of approximately $640 million at an adjusted gross margin of approximately 23.6% plus/minus 20 basis points. The previous expectation was for revenues in the range of $580 to $620 million at a gross margin of 22.8% plus/minus 70 basis points, assuming a USD/EUR exchange rate of 0.87. (*Consensus sees Q3 revenue of $610 million).

Bloom Energy Corp. (NYSE: BE) 3.5% LOWER; Holder Canada Pension Said to Offer 12.3M Shares at $19.45-$$19.95 Each - Bloomberg

BigCommerce (NASDAQ: BIGC) 3.3% LOWER; falls on FSLY warning

Akamai (NASDAQ: AKAM) 2.9% LOWER; falls on FSLY warning

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