After-Hours Movers

Aehr Test Systems (NASDAQ: AEHR) 19.6% HIGHER; Net sales were $7.6 million, up 102% from $3.8 million in the fourth quarter of fiscal 2020.

American Outdoor Brands (NASDAQ: AOUT) 11.2% LOWER; reported Q4 EPS of $0.09, $0.14 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $64.5 million versus the consensus estimate of $62.03 million. American Outdoor Brands sees FY2022 EPS of $1.00-$1.24. American Outdoor Brands sees FY2022 revenue of $280-295 million.

Alpha Pro Tech Ltd. (NYSE: APT) 7.3% HIGHER; LA County will now require masks indoors regardless of vaccination status, starting July 17.

Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) 6.1% LOWER; discontinued its Phase 3 study of mupadolimab for COVID-19 due to positive trends exhibited by COVID-19 vaccines in lowering serious infection and hospitalizations. The discontinuation is not related to any safety or efficacy issues observed in study patients. The Company will continue to advance the development of mupadolimab in oncology, where it is currently being studied in a Phase 1/1b clinical trial.

Moderna Inc. (NASDAQ: MRNA) 5.7% HIGHER; will replace Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) in the S&P 500 effective prior to the opening of trading on Wednesday, July 21

fuboTV Inc. (NYSE: FUBO) 5.3% HIGHER; Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), and The Cordish Companies announced today the completion of a market access agreement for the forthcoming mobile Fubo Sportsbook in Pennsylvania. Fubo Gamings agreement with The Cordish Companies, owner and operator of Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, provides for state-wide mobile access for both sports betting and iGaming. The launch of Fubo Sportsbook in Pennsylvania is subject to obtaining requisite regulatory approvals.

Maxar Technologies Ltd (NYSE: MAXR) 4.5% HIGHER; Morgan Stanley initiates coverage with an Overweight rating and a price target of $50.00.

Nkarta Inc. (NASDAQ: NKTX) 3.1% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $75.00.

PlayStudios (NASDAQ: MYPS) 1.9% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $11.00.