🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more

Published 04/15/2024, 04:54 PM
Updated 04/15/2024, 04:55 PM
© Reuters.  After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more

After-Hours Stock Movers:

Tesla (NASDAQ:TSLA) declined 0.7% after falling 5.6% during the regular session following reports two key executives left the company amid plans for more layoffs. Analysts called it a 'dark day' for the automaker, as shares hit an 11-month low.

Macatawa Bank (MCBC) gained 40% after it and Wintrust Financial (NASDAQ:WTFC) jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction.

Gildan Activewear (NYSE:GIL) gained 1.2% after it announced preliminary first quarter sales that topped estimates. The apparel maker also reaffirmed full year guidance.

Mitek Systems (NASDAQ:MITK) declined 7% after it published second quarter results that trailed estimates, though full year revenue guidance was about in-line with views.

Kaival Brands Innovations Group (KAVL) declined 10% after surging by 136% during the regular session.

Trump Media & Technology Group (DJT) declined 5%, extending an intraday slump of 18%, after it filed paperwork with the SEC that could allow it to sell millions of shares on behalf insiders, including the former president.

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.