Stocks making the biggest moves after the bell: Qiagen, Li Auto & more

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An worker of a testing firm Qiagen holds a check package at Qiagen’s facility, in Hilden, Germany, September 8, 2020.

Leon Kuegeler | Reuters

Check out the firms making headlines after the bell on Tuesday:

Qiagen – Qiagen shares ticked up 4% after the firm introduced the launch of a new ultra-fast sequencing resolution for high-throughput genomic surveillance that shortens turnaround time for researchers figuring out Covid-19 variants.

Maxeon Solar Technologies – The photo voltaic panel producer’s inventory dropped 9% after the firm issued weaker-than-expected first-quarter income steering. Maxeon stated it expects income for the first quarter to return in at about $160 million. Analysts surveyed by FactSet forecast a first-quarter income of $232.Eight million. The disappointing forecast overshadowed fourth-quarter numbers that beat analyst expectations.

Li Auto – The electrical car producer’s shares fell 4% after the firm introduced a $750 million convertible senior notice providing. The debt will probably be due in 2028.

PG&E – Shares of the fuel and electrical firm slipped barely after the bell. In common buying and selling, PG&E shares slipped 1.9% after The San Francisco Chronicle reported the Sonoma County district legal professional charged the firm with 5 felonies and 28 misdemeanors over the 2019 Kincade hearth.

Smart Global Holdings – Shares of the firm rose lower than 1% after Smart Global logged better-than-expected fiscal second-quarter outcomes. Smart Global posted earnings per share of 87 cents on income of $304 million. Analysts polled by FactSet anticipated earnings per share of 80 cents on income of $295.6 million.

Envista Holdings — Envista shares popped 8% on information the firm will substitute Interdigital in the S&P MidCap 400 index.



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