Gainers
- No notable gainers in after-hours trading.
Losers
- Qutoutiao Inc - ADR QTT shares are down 9.5 percent after reporting a first-quarter earnings miss. Adjusted earnings came in at $(0.37), missing estimates by a penny. Sales came in at $193.3 million, beating estimates by $32.15 million. The company reported CEO Lei Li has resigned, but will remain as Vice Chair. Eric Siliang Tan has been named replacement CEO.
- Insmed Incorporated INSM shares are down 6 percent after announcing a $250 million common stock offering.
- Mercury Systems Inc MRCY shares are down 6 percent after reporting a 5 million share common stock offering.
- Veoneer Inc VNE shares are down 4 percent after reporting a concurrent $350 million common stock offering with $150 million in convertible senior notes due in 2024.
- Carvana Co CVNA shares are down 4 percent after reporting a 3.5 million common share offering.
- Nordson Corporation NDSN shares are down 3 percent after reporting a second-quarter earnings miss. Adjusted earnings came in at $1.54 per share, missing estimates by 6 cents. Sales came in at $551.119 million, missing estimates by $8.181 million.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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