🚀 June’s AI-picked stocks soar, with Adobe +18.1% in 11 days. Don’t miss July’s upcoming picks.Unlock full list

After-Hours Movers: FuboTV Gains on Strong Q3, Silk Road Falls on Offering

Published 10/17/2022, 05:43 PM
Updated 10/17/2022, 05:48 PM
© Reuters After-Hours Movers: FuboTV Gains on Strong Q3, Silk Road Falls on Offering

After-Hours Stock Movers:

Ra Medical Systems, Inc. (NYSE:RMED) 34% HIGHER; announces the completion of its at-the-market (ATM) facility, raising gross proceeds of $7.6 million.

FuboTV Inc. (NYSE:FUBO) 8% HIGHER; announced today its preliminary third quarter 2022 results. Revenue and subscriber growth for North America (NA) are expected to exceed previously issued guidance.

Glatfelter (NYSE:GLT7% HIGHER; In a 13D filing, hedge fund Carlson Capital, L.P. disclosed a 12.1%, or 5,415,000 share, stake in the company. The firm changed its filing status from 13G to 13D. Carlson Capital said it acquired the Issuer’s Common Shares for investment purposes and believe that the Issuer’s Common Shares trade at a substantial discount to the Issuer’s intrinsic value and represent an attractive investment opportunity.

Antero Resources Corp. (NYSE:AR) 6% HIGHER; will replace Alleghany Corp . (NYSE:Y) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, October 20.

Silk Road Medical, Inc. (NASDAQ:SILK) 6% LOWER; announced today the commencement of a proposed underwritten public offering of $100 million of shares of its common stock.

Matson , Inc. (NYSE:MATX) 2% LOWER; announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on November 2, 2022. Matson expects third quarter operating income for Ocean Transportation of $310.0 to $315.0 million and Logistics operating income of $19.0 to $20.0 million. It also expects third quarter 2022 net income and diluted EPS to be $257.3 to $262.0 million and $6.67 to $6.79, respectively.

Marten Transport (NASDAQ:MRTN) 2% LOWER; reported Q3 EPS of $0.32, $0.02 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $324.4 million versus the consensus estimate of $322.11 million.

XPO Logistics (NYSE:XPO) 1% LOWER; released the following results in advance of its third quarter 2022 earnings announcement and conference call. For the third quarter 2022, the company expects to report Revenue of approximately $3.04 billion, versus the consensus of $3.1 billion.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.