After-Hours Stock Movers:
Oracle (NYSE:ORCL) stock rose 10% after it reported revenue that matched consensus expectations and a slight beat on EPS last quarter.
Acadia Pharma (ACAD) declined 15% after announcing top-line results from the Phase 3 ADVANCE-2 trial evaluating pimavanserin for the treatment of negative symptoms of schizophrenia. Pimavanserin did not demonstrate a statistically significant improvement over placebo.
Asana, Inc. (ASAN) edged 1% higher after slightly beating EPS and revenue forecasts in the final quarter of 2023.
Vail Resorts (NYSE:MTN) declined 6% after the ski resort owner published disappointing results for its second quarter.
Advance Auto Parts , Inc. (NYSE:AAP) rose 3%, adding to earlier gains, after it confirmed rumors it entered into a cooperation agreement with activist hedge funds Third Point and Saddle Point Management.