After-Hours Stock Movers:
Micron Technology (NASDAQ:MU)+6.6%; reported Q1 EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $7.69 billion versus the consensus estimate of $7.67 billion. GUIDANCE: Micron Technology sees Q2 2022 EPS of $1.85-$2.05, versus the consensus of $1.86. Micron Technology sees Q2 2022 revenue of $7.3-7.7 billion, versus the consensus of $7.27 billion.
Nike (NYSE:NKE)+3.4%; reported Q2 EPS of $0.83, $0.20 better than the analyst estimate of $0.63. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.25 billion.
Aldeyra Therapeutics (NASDAQ:ALDX)-39%; announced top-line results from the Phase 3 TRANQUILITY Trial of 0.25% reproxalap ophthalmic solution (reproxalap), an investigational product candidate for the treatment of dry eye disease. Although the primary endpoint of ocular redness was not met in TRANQUILITY, statistical significance (p=0.0001) was achieved for the dry eye disease sign of Schirmer test, a secondary endpoint. Statistical significance (p<0.0001) was also achieved for the post-hoc assessment of Schirmer test responders of ≥10 mm.
Society Pass (NASDAQ: SOPA)-11.8%; Climbed 240% intraday.