After-Hours Stock Movers:
Super Micro Computer, Inc. (Nasdaq: NASDAQ:SMCI) 13% HIGHER; sees third-quarter net sales of $1.3-$1.35 billion versus the prior outlook of $1.1-$1.2 billion, and the consensus of $1.14 billion. Sees EPS of $1.40-$1.50, versus the prior guidance of $0.70-$0.90 and the consensus of $0.80.
NETGEAR Inc (NASDAQ:NTGR) 12% LOWER; lowered its Q1 revenue estimate to $202-$212 million from the prior guidance of $225-$240 million and the consensus of $251.2 million.
Griffon Corporation (NYSE:GFF) 9% HIGHER; will sell Telephonics Corporation to TTM Technologies , Inc. (NASDAQ:TTMI) for $330 million in cash.
ACADIA Pharmaceuticals Inc (NASDAQ:ACAD) 7% LOWER; a Phase 2 trial of ACP-044 for acute pain following bunionectomy surgery failed to meet the primary endpoint.
WeWork Inc (NYSE:WE) 4% HIGHER; Piper Sandler imitated coverage with an Overweight rating and a $10 price target
Twitter (NYSE:TWTR) 1% HIGHER; Apollo or another private equity firm could back Musk's or another bid for the company.