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After-hours movers: Oracle surges, Acadia Pharma slumps

Published 03/11/2024, 04:49 PM
Updated 03/11/2024, 04:50 PM
© Reuters.  After-hours movers: Oracle surges, Acadia Pharma slumps

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.

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