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After-Hours Stock Movers: Spruce Biosciences,Rivian,FedEx,General Motors and more

StreetInsider2021-12-17

After-Hours Stock Movers:

Spruce Biosciences, Inc. (NASDAQ: SPRB) 26.6% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $15.00.

Eloxx Pharma (NASDAQ: ELOX) 7.7% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $4.00.

Rivian Automotive (NASDAQ: RIVN) 10.2% LOWER; reported Q3 EPS of ($12.21), versus ($2.88) reported last year. Announces 71K net preorders for R1 in U.S. and Canada. Sees planned ~200K annual capacity at Normal, IL, and estimated 400K annual capacity at Georgia facility.

Steelcase (NYSE: SCS) 6.2% LOWER; reported Q3 EPS of $0.08, $0.01 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $738.2 million versus the consensus estimate of $767.62 million. Steelcase sees Q4 2022 EPS of $0.00, versus the consensus of $0.12. Steelcase sees Q4 2022 revenue of $740-765 million, versus the consensus of $770.77 million.

FedEx (NYSE: FDX) 4.8% HIGHER; reported Q2 EPS of $4.83, $0.56 better than the analyst estimate of $4.27. Revenue for the quarter came in at $23.5 billion versus the consensus estimate of $22.44 billion. FedEx (NYSE: FDX) sees FY 2022 EPS of $20.50 to $21.50, versus the consensus of $19.64.

Shift4 Payments, Inc. (NYSE: FOUR) 3.8% HIGHER; authorized the commencement of a stock repurchase program. The stock repurchase program authorizes the Company to repurchase up to $100 million of the Companys Class A common stock, par value $0.0001 (Common Stock) and will expire on December 31, 2022, subject to market conditions, contractual restrictions and other factors.

General Motors Company (NYSE: GM) 2.9% LOWER; Dan Ammann, the CEO of the self-driving division Cruise, is leaving the company, with Kyle Vogt, the President and CTO of Cruise to serve as an interim CEO.

United States Steel Corporation (NYSE: X) 5.3% LOWER; provided fourth quarter 2021 guidance. Fourth quarter 2021 adjusted EBITDA is expected to be approximately $1.65 billion.

Biomea Fusion Inc. (NASDAQ: BMEA) 2.8% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $22.00.

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评论178

  • Jialatsia
    ·2021-12-17
    Meep
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  • nanehz07
    ·2021-12-17
    Like
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  • Vandaluus
    ·2021-12-17
    Looks like RIVN going to see some heavy selling
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  • Bspn
    ·2021-12-17
    Ok
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  • happymoney
    ·2021-12-17
    Shocking
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  • Wanlin
    ·2021-12-17
    Like and comment 
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    • Ameliakoh
      Done
      2021-12-17
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    • JackTing
      Rivian!!
      2021-12-17
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  • nikinic
    ·2021-12-17
    Like
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    • Wanlin
      Comment
      2021-12-17
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  • pal22
    ·2021-12-17
    👍
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    • nikinic
      ok
      2021-12-17
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  • Delvin
    ·2021-12-17
    Lets go tmr
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    • pal22
      👍
      2021-12-17
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  • HappyCloud
    ·2021-12-17
    Pls like.
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    • Delvin
      No
      2021-12-17
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    • HappyCloud
      Ok
      2021-12-17
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  • MC8989
    ·2021-12-17
    Dip more
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  • alex90b
    ·2021-12-17
    Like
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  • Khim007
    ·2021-12-17
    Please comment and like
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    • MC8989
      👌
      2021-12-17
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  • ericchou
    ·2021-12-17
    Like plz
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    • Khim007
      Done
      2021-12-17
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  • ctw
    ·2021-12-17
    Yes
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    • ericchou
      O
      2021-12-17
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  • Don3
    ·2021-12-17
    Please like
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    • ctw
      ok
      2021-12-17
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  • Francis1977
    ·2021-12-17
    Informative
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  • PowerTrade
    ·2021-12-17
    Good
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  • SoarNRise
    ·2021-12-17
    Ok
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  • Huradelia
    ·2021-12-17
    Please comment and like
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    • Don3
      ok
      2021-12-17
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