After-Hours Stock Movers 12/08: (RCKT) (PRPH) (SDC) Higher; (GME) (DCTH) (TALO) Lower (more...)
Today's After-Hours Stock Movers:
Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) 33.4% HIGHER; announces preliminary data from its open-label, Phase 1 clinical trial of RP-A501, the Companys adeno-associated viral vector (AAV)-based gene therapy candidate expressing LAMP2B for the treatment of Danon Disease. Danon Disease is a rare X-linked inherited disorder caused by genetic mutations in the LAMP2 gene resulting in accumulation of autophagosomes and glycogen, particularly in cardiac muscle and other tissues, which ultimately leads to severe and frequently fatal cardiomyopathy. Preliminary data from patients in the low dose RP-A501 cohort showed that the gene therapy was generally well tolerated and provided early evidence of clinical benefit.
ProPhase Labs, Inc. (NASDAQ: PRPH) 12.3% HIGHER; announced that it has continued its CLIA Lab rollout with the execution of a lease for a 25,000 square foot facility in Garden City, New York. This new lab, like the Company’s first lab in Old Bridge, New Jersey, will provide a wide range of laboratory testing services for diagnosis, screening and evaluation of diseases, including COVID-19 and Respiratory Pathogen Panel (“RPP”) Molecular tests.
GameStop (NYSE: GME) 12% LOWER; reported Q3 EPS of ($0.53), $0.32 better than the analyst estimate of ($0.85). Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.09 billion.
Delcath Systems, Inc. (NASDAQ: DCTH) 9.7% LOWER; announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering.
Talos Energy Inc. (NYSE: TALO) 9.2% LOWER; announced today that it has commenced an underwritten public offering of 8,250,000 shares of common stock of the Company.
Ichor Holdings, Ltd. (NASDAQ: ICHR) 8.3% LOWER; commenced an underwritten public offering of 3,500,000 of its ordinary shares. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 525,000 of its ordinary shares sold in the offering at the public offering price, less underwriting commissions.
FireEye (NASDAQ: FEYE) 7.5% LOWER; was breached by suspected nation-state hackers, according to Dow Jones, citing a company blog post.
HOOKIPA Pharma Inc. (Nasdaq: HOOK) 6.8% LOWER; intends to offer and sell shares of its common stock and shares of Series A convertible preferred stock in an underwritten public offering (the “Offering”).
Guidewire Software (NYSE: GWRE) 3% LOWER; reported Q1 EPS of $0.17, $0.22 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $169.8 million versus the consensus estimate of $164.62 million. Guidewire Software sees Q2 2021 revenue of $168-172 million, versus the consensus of $169.8 million. Guidewire Software sees FY2021 revenue of $723-728 million, versus the consensus of $730 million.
SmileDirectClub, Inc. (Nasdaq: SDC) 2.2% HIGHER; secured a second patent from the United States Patent & Trademark Office (”USPTO”) for its SmileShop retail concept and digital methodology for the delivery of clear aligner treatment to consumers. The patent, U.S. Patent No. 10,861,599, further strengthens protection for SmileDirectClub’s groundbreaking method for bringing affordable, accessible oral care to more people through its telehealth platform. The patent further ensures no clear aligner competitor will be able to duplicate SmileDirectClub’s unique model for 18 years.
