AppLovin (APP) Prices Upsized 7.5M Share Secondary Offering at $83/sh

Pre-Open Stock Movers 12/03: (LGVN) (MRVL) (SMAR) Higher; (DOCU) (OLLI) (SWBI) Lower (more...)

Pre-Open Stock Movers:

Longeveron (NASDAQ: LGVN) 38% HIGHER; adds to recent gains on positive Phase 2 data.

DocuSign Inc. (NASDAQ: DOCU) 27% LOWER; reported Q3 EPS of $0.58, $0.12 better than the analyst estimate of $0.46. Revenue for the quarter came in at $545.5 million versus the consensus estimate of $530.63 million. DocuSign Inc. sees Q4 2022 revenue of $557-563 million, versus the consensus of $573.79 million. DocuSign Inc. sees FY2022 revenue of $2.083-2.089 million, versus the consensus of $2.09 million.

Marvell Technology (NASDAQ:... More

After-Hours Stock Movers 12/02: (SMAR) (TLYS) (JOAN) Higher; (DOCU) (OLLI) (ASAN) Lower (more...)

After-Hours Movers:

DocuSign Inc. (NASDAQ: DOCU) 27% LOWER; reported Q3 EPS of $0.58, $0.12 better than the analyst estimate of $0.46. Revenue for the quarter came in at $545.5 million versus the consensus estimate of $530.63 million. DocuSign Inc. sees Q4 2022 revenue of $557-563 million, versus the consensus of $573.79 million. DocuSign Inc. sees FY2022 revenue of $2.083-2.089 million, versus the consensus of $2.09 million.

Ollie's Bargain Outlet (NASDAQ: OLLI) 18.2% LOWER; reported Q3 EPS of $0.34, $0.13 worse than the analyst estimate of $0.47. Revenue for the quarter came... More

AppLovin (APP) Launches 6.5M Share Secondary Offering

AppLovin Corporation (Nasdaq: APP) (AppLovin), a leading marketing software company, today announced that certain of AppLovins stockholders, including KKR Denali Holdings L.P (the Selling Stockholders), intend to offer for sale in an underwritten secondary offering 6,500,000 shares of the Companys Class A common stock. KKR Denali Holdings L.P. will also grant the underwriters a 30-day option to purchase up to an additional 975,000 shares of Class A common stock. The Selling Stockholders will receive all of the proceeds from the offering. AppLovin is not offering any shares of its common stock in the... More

AppLovin Corp (APP) PT Raised to $128 at BTIG

BTIG analyst Clark Lampen raised the price target on AppLovin Corp (NASDAQ: APP) to $128.00 (from $116.00) while maintaining a Buy rating.... More