After-Hours Stock Movers
Casper Sleep Inc. (NYSE: CSPR) 11% HIGHER; announced that its stockholders voted today to adopt the Agreement and Plan of Merger, whereby Casper will be acquired by certain subsidiaries of Durational Consumer SPV IV, LP, an investment vehicle managed by Durational Capital Management, LP.
Matson, Inc. (NYSE: MATX) 7% HIGHER; expects fourth quarter operating income for Ocean Transportation of $445.0 to $455.0 million and Logistics operating income of $14.0 to $15.0 million. Also expect fourth quarter 2021 net income and diluted EPS to be $365.2 to $382.4 million and $8.70 to $9.10, respectively.
American Homes 4 Rent (NYSE: AMH) 4% LOWER; commenced an underwritten public offering of 20,000,000 of its Class A common shares of beneficial interest, $0.01 par value per share ("Class A common shares"), of which 10,000,000 shares will be offered directly by the Company, and 10,000,000 shares will be offered, at the request of the Company, by the forward purchasers (as defined below) or their respective affiliates in connection with the forward sale agreements described below. The underwriters have been granted a 30-day option to purchase an aggregate of up to an additional 3,000,000 Class A common shares.
Discover Financial Services (NYSE: DFS) 3.4% LOWER; reported Q4 EPS of $3.64, $0.12 better than the analyst estimate of $3.52. Revenue net interest expense for the quarter came in at $2.94 billion versus the consensus estimate of $2.99 billion.
Silvergate Capital Corp. (NYSE: SI) 3% HIGHER; from Neutral to Buy with a price target of $166.00.
United Airlines (NASDAQ: UAL) 2% LOWER; reported Q4 EPS of ($1.60), $0.48 better than the analyst estimate of ($2.08). Revenue for the quarter came in at $8.19 billion versus the consensus estimate of $7.99 billion.
Alcoa (NYSE: AA) 1.5% HIGHER; reported Q4 EPS of $2.50, ex-items, $0.73 better than the analyst estimate of $1.77. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.3 billion.