After-Hours Movers: Beyond Meat Gains on EPS, Adobe Falls As DoJ May Sue to Block Figma Deal

Investing.com2023-02-24

After-Hours Movers:

Nektar Therapeutics(NASDAQ: NKTR)31% LOWER; says primary endpoint was not met in Phase 2 topline study for Rezpegaldesleukin in patients with Systemic Lupus Erythematosus.

Beyond Meat (NASDAQ: BYND)12% HIGHER;reportedQ4 EPS of ($1.05), $0.13 better than the analyst estimate of ($1.18). Revenue for the quarter came in at $79.9 million versus the consensus estimate of $75.92M.

Block Inc (NYSE: SQ) 6% HIGHER; reported Q4 EPS of $0.22, $0.08 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $4.65 billion versus the consensus estimate of $4.62B.

Adobe's (NASDAQ: ADBE)4% LOWER; DoJ preparing a suit to block Adobe's $20B takeover of Figma - Bloomberg.

Boeing (NYSE: BA)3% LOWER; Halts 787 Dreamliner Jet deliveries due to Documentation issue - WSJ.

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