Thursday, 18 April 2024

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Alphabet, Levi, Paramount Global and more By

Credit Suisse Comments on DOJ Civil Lawsuit Against Alphabet

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After-Hours Stock Movers:

Alphabet (NASDAQ:) fell 0.6% after the Financial Times reported that Google is looking into charging for AI-powered search.

Levi (LEVI) gained 6% after it reported earnings per share that beat estimates and lifted full year guidance.

Intuitive Machines (LUNR) climbed 6% after announcing NASA awarded the company $30 million as a prime contractor to complete a Lunar Terrain Vehicle Services Feasibility Assessment.

Paramount Global (PARA) declined 2%, paring gains after surging 15% during the regular session. Gains followed a WSJ story that suggested Apollo Global Management (NYSE:) offered $26 billion (including debt) to acquire the company, although its board chose to enter exclusive merger talks with Skydance.

Aurora Cannabis (NASDAQ:) gained 7%, adding to a 44% intraday gain.

Macrogenics (MGNX) fell 30% after it provided an update on the Phase 2 TAMARACK study of vobramitamab duocarmazine in patients with metastatic castration-resistant prostate cancer.

Simulations Plus (NASDAQ:) climbed 5% after it reported EPS and revenue that beat consensus estimates for its second quarter.

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