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Indebta > Markets > Stocks > After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace
Stocks

After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace

News Room
Last updated: 2023/06/01 at 10:26 AM
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© Reuters. After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace

After-Hours Stock Movers:

LL Flooring Holdings Inc (NYSE:) 16% HIGHER; received an unsolicited, non-binding proposal from Cabinets To Go, LLC (Cabinets To Go), a subsidiary of F9 Brands, Inc., to acquire all of the outstanding shares of the Company for $5.76 per share in cash. F9 Brands is owned by LL founder Thomas D. Sullivan.

Ambarella (NASDAQ:) 11% LOWER; reported slightly better but issued Q2 revenue guidance below Wall Street consensus.

Horizon Technology Finance (NASDAQ:) 7% LOWER; is offering 3.25 million shares of common stock.

Sportsmans (NASDAQ:) (SPWH) 6% LOWER; reported a on the top and bottom line and issued lackluster guidance for Q2.

Hewlett Packard Enterprise Company (NYSE:) 5% LOWER; on the bottom-line but missed on the top-line for Q2. Q3 revenue guidance also trailed consensus.

Box Inc (NYSE:) 3% HIGHER; reported a on the top and bottom line and raised FY guidance.

HP Inc. (NYSE:) 2% LOWER; on the bottom-line but missed on the top-line for Q2.

Read the full article here

News Room June 1, 2023 June 1, 2023
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