After-hours movers: MongoDB and Cal-Maine decline, Arena Group surges
After-Hours Stock Movers:
Cal-Maine Foods (NASDAQ:CALM) declined 8% after it reported results for the quarter and commented on the impact of outbreaks of bird flu on egg supply.
MongoDB (NASDAQ:MDB) declined 2% after UBS analysts downgraded the stock from 'buy' to 'neutral' with a price target of $410.
Resources Connection (NASDAQ:RGP) gained 4% after it reported Q2 EPS of $0.28, $0.11 better than the analyst estimate of $0.17. Revenue for the quarter came in at $163.1 million versus the consensus estimate of $161.92 million.
FuboTV (NYSE:FUBO) climbed 1.7% after announcing a new comprehensive multi-year distribution agreement with Nexstar Media Group (NASDAQ:NXST).
Select Medical (NYSE:SEM) climbed 1.4% after it announced that its board of directors has approved a plan to pursue the separation of Select Medical's wholly-owned occupational health services business, Concentra.
Arena Group (AREN) climbed 45% following a report from the New York Post that said James Heckman and Brock Pierce offered $4.50 per share for 45% of Arena. The report cities sources close to the situation.
Dyne Therapeutics, Inc. (Nasdaq: DYN) declined 6% after it commenced an underwritten public offering of $175 million of shares of its common stock.
By Louis Juricic
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