After-Hours Stock Movers:
CorMedix Inc (NASDAQ:) 18% LOWER; Intends to offer and sell shares of its common stock, and in lieu of common stock to certain investors that so chose, pre-funded warrants to purchase shares of its common stock, in an underwritten public offering.
Black Diamond Therapeutics, Inc. (NASDAQ:) 11% LOWER; commenced an underwritten public offering of $75.0 million of shares of its common stock
Overstock.com , Inc. (NASDAQ:) 5% HIGHER; announced the consummation of its acquisition of certain intellectual property assets of the Bed Bath & Beyond (OTC:) banner from Bed Bath & Beyond, Inc. under a Bankruptcy Court supervised process. Overstock is hosting a conference call tomorrow, June 29, 2023 at 8.30 a.m. ET, to discuss the transaction.
Micron Technology (NASDAQ:) 2% HIGHER; reported Q3 EPS of ($1.43), $0.16 better than the analyst estimate of ($1.59). came in at $3.75 billion versus the consensus estimate of $3.67B. Micron Technology sees Q4 2023 EPS of ($1.12)-($1.26), versus the consensus of ($1.06). Micron Technology sees Q4 2023 revenue of $4.1-3.7B, versus the consensus of $3.89B.
Wells Fargo & Company (NYSE:) 2% HIGHER; gains after stress test results.
The Charles Schwab Corporation (NYSE:) 2% HIGHER; gains after stress test results.
Bank of America Corporation (NYSE:) 2% HIGHER; gains after stress test results.
JPMorgan Chase & Co. (NYSE:) 1% HIGHER; gains after stress test results.
Capital One Financial Corporation (NYSE:) 1% LOWER; falls after stress test results.
