After-Hours Stock Movers 10/25: (ANAB) (GERN) (FB) Higher; (VTNR) (CLAR) (UHS) Lower (more...)

Go back to After-Hours Stock Movers 10/25: (ANAB) (GERN) (FB) Higher; (VTNR) (CLAR) (UHS) Lower (more...)

Clarus (CLAR) Prices 2.75M Share Offering

October 27, 2021 5:41 AM EDT

Clarus Corporation (NASDAQ: CLAR), announced today that it has priced an underwritten public offering of 2,750,000 shares of its common stock for total expected gross proceeds of $74,250,000, before underwriting fees and estimated offering expenses. The Company also granted the underwriters an option for 30 days to purchase up to an additional 412,500 shares of common stock. The offering is subject to customary closing conditions and is expected to close on October 29, 2021.

The Company intends to use the net proceeds... More

UPDATE: Facebook's (FB) IDFA Woes are a Bump in the Road to Metaverse, PT Raised to $400 at BofA Securities

October 26, 2021 5:46 AM EDT

(Updated - October 26, 2021 6:29 AM EDT)

BofA Securities analyst Justin Post raised the price target on Facebook (NASDAQ: FB) to $400.00 (from $385.00) while maintaining a Buy rating after the company reported revenue of $29.0bn, (+35% y/y) below the Street at $29.6bn. Ad... More