Information and analysis earlier than you hear about it on CNBC and others. Declare your 1-week free trial to StreetInsider Premium right here.
At present’s After-Hours Movers
Adamis Prescription drugs Company (NASDAQ: ADMP) 26% HIGHER; introduced that its SYMJEPI® (epinephrine) Injection merchandise are actually accessible to members of the Walgreens Prescription Financial savings Membership program, for a reduced price of $99.99 for a two-pack, the bottom price supplied for epinephrine merchandise by means of the Walgreens Prescriptions Financial savings Membership, and the bottom price for epinephrine units in the marketplace.
iBio, Inc. (NYSE: IBIO) 15.6% HIGHER; Cantor Fitzgerald initiates protection with an Chubby ranking and a price goal of $3.00.
Fluidigm Company (Nasdaq: FLDM) 14.8% HIGHER; introduced that the corporate has acquired the CE-IVD mark for its Advanta Dx SARS-CoV-2 RT-PCR Assay, an extraction-free saliva-based check to detect nucleic acid from the SARS-CoV-2 virus. The CE-IVD mark is in conformance with the European Union In Vitro Diagnostic Directive.
Sierra Wi-fi (NASDAQ: SWIR) 12.4% HIGHER; introduced that Kent Thexton plans to retire from his place as President & CEO. Kent has dedicated to stay with the Firm till June 30th to permit his successor to be employed and to help an orderly transition. The Board of Administrators have commenced a course of to search out Kent’s successor and have engaged a prime tier govt search agency to undertake a seek for his alternative. Sierra Wi-fi expects income to be above Street consensus of $116.5m within the Fourth Quarter of 2020, in addition to being above Street consensus of $110.Zero million within the First Quarter of 2021. The Firm additionally expects to report roughly $170 million in cash and no debt on the finish of December 31, 2020.
Precigen, Inc. (Nasdaq: PGEN) 8.1% (LOW)ER; introduced it has commenced an underwritten public providing of shares of its widespread stock. As well as, Precigen intends to grant the underwriters a 30-day choice to buy extra shares of its widespread stock. The providing is topic to market and different circumstances, and there could be no assurance as as to whether or when the providing may be accomplished, or as to the scale or phrases of the providing.
IBM (NYSE: IBM) 6.5% (LOW)ER; reported This autumn EPS of $2.07, $0.28 higher than the analyst estimate of $1.79. Income for the quarter got here in at $20.Four million versus the consensus estimate of $20.67 billion.
World Ship Lease, Inc. (NYSE: GSL) 6.4% (LOW)ER; intends to begin an underwritten public providing of its Class A standard shares, par value $0.01 per share. The web proceeds of the Providing are anticipated for use for funding the enlargement of the Firm’s fleet, common company functions, and dealing capital.
Amarin Company plc (NASDAQ: AMRN) 5.7% HIGHER; introduced that the Chinese language Society of Cardiology (CSC) has included icosapent ethyl in its up to date Tips for Main Prevention of Cardiovascular Ailments for 2021 as printed within the Chinese language Journal of Cardiovascular Ailments. The rule of thumb authors embrace icosapent ethyl 2 grams twice a day (as studied in REDUCE-IT®) as a therapy consideration to additional decrease atherosclerotic heart problems (ASCVD) within the applicable affected person inhabitants.
Seagate Know-how (NASDAQ: STX) 4.8% (LOW)ER; reported Q2 EPS of $1.29, $0.16 higher than the analyst estimate of $1.13. Income for the quarter got here in at $2.62 billion versus the consensus estimate of $2.56 billion. Seagate Know-how sees Q3 2021 EPS of $1.15-$1.45, versus the consensus of $1.26. Seagate Know-how sees Q3 2021 income of $2.63-2.67 billion, versus the consensus of $2.63 billion.
PPG Industries (NYSE: PPG) 3.4% (LOW)ER; reported This autumn EPS of $1.59, $0.02 higher than the analyst estimate of $1.57. Income for the quarter got here in at $3.Eight billion versus the consensus estimate of $3.57 billion.
DermTech Inc. (NASDAQ: DMTK) 3% HIGHER; Oppenheimer initiates protection with an Outperform ranking and a price goal of $53.00.