Stocks making the biggest moves after hours: Micron, Regeneron Pharmaceuticals & more

Sanjay Mehrota, CEO, Micron

Scott Mlyn | CNBC

Check out the companies making headlines after-hours Tuesday:

Regeneron Pharmaceuticals — The pharmaceutical company said trial data for its coronavirus antibody cocktail showed it reduced “viral levels and improved symptoms in non-hospitalized COVID-19 patients.” Regeneron shares were halted in after-hours trading.

Micron Technology — Micron shares rose more than 1% in after-hours trading after the chip maker reported quarterly results that beat analyst expectations. The company posted a profit of $1.08 per share on revenue of $6.06 billion. Analysts expected earnings per share of $5.89 billion. Micron also issued stronger-than-forecast earnings guidance for the current fiscal quarter.

Sherwin-Williams — Shares of Sherwin-Williams gained 1% after the bell on the back of stronger-than-expected sales guidance for the third quarter. The company said it expects sales to grow between 3% and 5% for the quarter. Analysts polled by FactSet had forecast sales growth of 1.6%. “Demand for architectural coatings has been stronger than expected in the third quarter, led by our DIY, residential repaint and new residential segments,” CEO John Morikis said in a statement.

Owens & Minor — Shares of Owens & Minor dropped more than 4% after the health-care logistics company announced a common stock offering worth $150 million.

Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

‘It needs to stop’ — Kings co-owner says NBA...

Sacramento Kings co-owner Chris Kelly told CNBC on Thursday that team owners support NBA...

Tokyo Stock Exchange Resumes, Market Opens Up After Outage...

TOKYO: The Tokyo Stock Exchange (TSE) resumed normal trading on Friday, with the main...

FM Nirmala Sitharaman announces collateral-free automatic loans for MSMEs...

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday (May 13) announced several categories of...