After-Hours Movers: Carnival, Advance Auto Parts and More

Tiger Newspress2022-11-16

Carnival— Shares of the cruise line plummeted more than 13% in extended trading after the company announced plans to raise more debt. Carnival announced a private offering of $1 billion in convertible senior notes due in 2027. Shares of rival cruise operators Royal Caribbean and Norwegian Cruise Line fell about 2% and 3.3%, respectively, on the news.

Advance Auto Parts— Shares of the auto parts provider shed 9.9% after the company missed Wall Street’s earning per shares estimates and lowered its adjusted EPS outlooks for the year. Revenue fell in line with analysts’ expectations.

Sage Therapeutics— Sage Therapeutics shares added nearly 8% in extended trading on news that CEO Barry Greene upped his stake in the biopharma company, according to SEC filings.

Ginkgo Bioworks— The stock — created during the SPAC boom — slipped 6.4% in extended trading after Gingko announced a $100 million common stock offering.

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Comments

Looyusooi
2022-11-16
Looyusooi
Ok
Mm101
2022-11-16
Mm101
C
- Mm101:
  U
- Mm101:
  P
- Mm101:
  P
- Mm101:
  P
- Mm101:
  U
Bull1973
2022-11-16
Bull1973
Ok
V.lye
2022-11-16
V.lye
Ok
AlanChong
2022-11-16
AlanChong
Ok
- Bull1973:
  Ok
Cheekwong
2022-11-16
Cheekwong
Good

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122

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