Stocks making the biggest moves after hours: Morgan Stanley,Goldman Sachs,Luminar and more

StreetInsider2021-06-29

After-Hours Stock Movers

Celcuity Inc. (Nasdaq: CELC) 15.2% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock.

BTRS Holdings Inc. (Nasdaq: BTRS) 7.2% LOWER; announced the commencement of an underwritten secondary offering of 9,000,000 shares of the Company’s Class 1 common stock.

Aligos Therapeutics, Inc. (Nasdaq: ALGS) 6.6% LOWER; today announced that it has commenced an underwritten public offering of 4,000,000 shares of common stock.

LiveXLive Media (NASDAQ: LIVX) 3.7% HIGHER; reported Q4 EPS of ($0.20), $0.10 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $21 million versus the consensus estimate of $20.12 million. LiveXLive Media sees FY2022 revenue of $110-120 million, versus the consensus of $101.4 million.

Herman Miller (NASDAQ: MLHR) 3% LOWER; reported Q4 EPS of $0.56, $0.17 better than the analyst estimate of $0.39. Revenue for the quarter came in at $621.5 million versus the consensus estimate of $583.04 million. Herman Miller sees Q1 2022 EPS of $0.52-$0.58. Herman Miller sees Q1 2022 revenue of $640-670 million.

Morgan Stanley (NYSE: MS) 2.6% HIGHER; announced that it will double its quarterly common stock dividend to $0.70 per share from the current $0.35 per share, beginning with the common dividend expected to be declared by the Firm’s Board of Directors in the third quarter of 2021. In addition, the Firm announced a new increased repurchase authorization of outstanding common stock of up to $12 billion through June 30, 2022.

Intellia Therapeutics, Inc. (NASDAQ: NTLA) 1.8% LOWER; announced today that it has commenced an underwritten public offering of $400 million of shares of its common stock

Luminar Technologies (NASDAQ: LAZR) 1.7% LOWER; to offer 9 million shares for selling shareholders President, Chief Executive Officer and Chairman.

Cadiz Inc. (NASDAQ: CDZI) 1.3% LOWER; commenced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Company's Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share, to raise anticipated gross proceeds of $50.0 million before deducting transaction expenses, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the offering.

Asana, Inc. (NYSE: ASAN) 1.2% HIGHER; CEO, Dustin Moskovitz, bought 320,000 shares from 06/24-06/25 at prices from $59.20-$63.52. The value of the purchases is about $20 million.

The Goldman Sachs Group, Inc. (NYSE: GS) 1.1% HIGHER; announced planned increase in the common stock dividend from $1.25 to $2.00 per share

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