Categories: Stock Market News

After-hours movers: Tesla, eBay, Affirm, EVgo


After-Hours Inventory Movers:

Tesla (NASDAQ:TSLA) rose 1.4% after Mizuho analysts upgraded the inventory from Impartial to Outperform with a value goal of $515.00 (from $230.00).

eBay (NASDAQ:EBAY) rose 2% after the Board of Administrators of the Firm approved an incremental $3.0 billion beneath our inventory repurchase program, along with the remaining quantities beforehand approved

EVgo (NASDAQ:EVGO) fell 15% after it introduced right this moment that EVgo Holdings, LLC, an affiliate of LS Energy Fairness Companions IV, L.P. (“LS Energy”), intends to supply on the market in an underwritten public secondary providing 23,000,000 shares of Class A standard inventory, par worth $0.0001 per share (the “Class A Shares”) of the Firm. LS Energy expects to grant the underwriters a 30-day choice to buy as much as an extra 3,450,000 Class A Shares on the public providing value, much less the underwriting reductions and commissions. No Class A Shares are being bought by the Firm. LS Energy will obtain all the proceeds from the sale of Class A Shares within the providing, and the Firm won’t obtain any proceeds from this providing.

Affirm Holdings (NASDAQ:AFRM) introduced its intention to supply, topic to market circumstances and different elements, $750 million combination principal quantity of Convertible Senior Notes due 2029 in a personal providing.

Mitek Techniques (NASDAQ:MITK) rose 18% after it reported This fall EPS of $0.33, $0.16 higher than the analyst estimate of $0.17. Income for the quarter got here in at $43.2 million versus the consensus estimate of $41.3 million.

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