After-Hours Stock Movers 09/29: (ORN) (SPCE) (AFMD) Higher; (LNDC) (KAVL) Lower (more...)
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After-Hours Stock Movers:
Orion Group Holdings, Inc. (NYSE: ORN) 19% HIGHER; announced two contract awards for its Marine segment totaling nearly $200 million.
Landec (NASDAQ: LNDC) 14.8% LOWER; reported Q4 EPS of ($0.23), $0.11 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $128.8 million versus the consensus estimate of $129.1 million.
Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) 14.1% LOWER; announced it has commenced an underwritten public offering of shares of its common stock and warrants.
Virgin Galactic Holdings, Inc. (NYSE: SPCE) 10% HIGHER; The U.S. Federal Aviation Administration (FAA) closed its mishap investigation into the July 11 Virgin Galactic Unity 22 launch, which deviated from assigned airspace on the descent.
Affimed Therapeutics (NASDAQ: AFMD) 4.1% HIGHER; Stifel initiates coverage with a Buy rating and a price target of $12.00.
Herman Miller (NASDAQ: MLHR) 1.6% HIGHER; reported Q1 EPS of $0.49, $0.07 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $789.7 million versus the consensus estimate of $654.47 million. The company provided its Q2/22 outlook, including Knoll, expecting revenue to range between $1,025 million and $1,065 million and EPS to be between $0.55 and $0.61.
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