Micron, Akebia Therapeutics And 3 Stocks To Watch Heading Into Friday


Some of the stocks that may grab investor focus today are:

  • Micron Technology Inc MU reported upbeat financial results for its third quarter, but issued weak guidance for its fourth quarter. Micron shares dropped 1.4% to $54.50 in the after-hours trading session.
  • Costco Wholesale Corporation COST said it has completed a purchase of a 45% minority interest in Costco-Taiwan for $1.05 billion. Costco shares fell 0.2% to $478.25 in the after-hours trading session.
  • Accolade, Inc. ACCD reported upbeat results for its first quarter, but issued weak sales forecast for the current quarter. Accolade shares fell 1.2% to $7.31 in the after-hours trading session.

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  • Hillenbrand, Inc. HI agreed to acquire Herbold Meckesheim GmbH for an enterprise value of around €79 million. Hillenbrand shares gained 0.1% to $40.96 in the after-hours trading session.
  • Akebia Therapeutics, Inc. AKBA shares jumped 50% in after-hours trading after the company executed an agreement to terminate its vadadustat collaboration and license agreements with Otsuka Pharmaceutical. Akebia Therapeutics shares surged 50% to $0.5298 in the after-hours trading session.

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