Gates Industrial Corporation plc (GTES) Prices 25M Share Offering at $16/sh

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Pre-Open Stock Movers 08/11: (UPST) (LPRO) (FUBO) Higher; (APPH) (WW) (ONTF) Lower (more...)

August 11, 2021 9:22 AM EDT

Pre-Open Stock Movers:

AppHarvest, Inc. (NASDAQ: APPH) 26% LOWER; company recorded a net loss of $32.0 million and non-GAAP Adjusted EBITDA loss of $22.6 million in the second quarter of 2021, as compared to a net loss and non-GAAP Adjusted EBITDA loss of $1.6 million in the second quarter of 2020, when the company was still pre-production.

WW International, Inc. (NASDAQ: WW) 25.3% LOWER; reported Q2 EPS of $0.12, which may not compare to the analyst... More

After-Hours Stock Movers 08/10: (UPST) (LPRO) (FUBO) Higher; (WW) (ONTF) (GTES) Lower (more...)

August 10, 2021 5:27 PM EDT

After-Hours Stock Movers:

WW International, Inc. (NASDAQ: WW) 21.3% LOWER; reported Q2 EPS of $0.12, which may not compare to the analyst estimate of $0.65. Revenue for the quarter came in at $311 million versus the consensus estimate of $337.1 million.

Upstart Holdings (NASDAQ: UPST) 18.5% HIGHER; reported Q2 EPS of $0.62, $0.37 better than the analyst estimate of $0.25. Revenue for the quarter came in at $194 million versus the consensus estimate of $157.76 million. Upstart Holdings sees Q3 2021 revenue of $205-215 million, versus the consensus of... More

Gates Industrial Corporation plc (GTES) Announces 25M Share Offering

August 10, 2021 4:06 PM EDT

Gates Industrial Corporation plc (NYSE: GTES) announced today that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 25,000,000 of Gates' ordinary shares. In connection with the offering, the selling stockholders intend to grant to the underwriters a 30-day option to purchase up to 3,750,000 additional ordinary... More

Gates Industrial Corp. (GTES) PT Lowered to $21 at RBC Capital

August 10, 2021 6:12 AM EDT

RBC Capital analyst Deane Dray lowered the price target on Gates Industrial Corp. (NYSE: GTES) to $21.00 (from $23.00) while maintaining a Outperform rating.... More

Gates Industrial Corp. (GTES) PT Raised to $22 at Credit Suisse

August 10, 2021 5:52 AM EDT

Credit Suisse analyst Jamie Cook raised the price target on Gates Industrial Corp. (NYSE: GTES) to $22.00 (from $21.00) while maintaining a Neutral rating.... More