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

AuthorInvesting.com Stock Markets
Published May 30, 2023 17:26
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After-Hours Stock Movers:

LL Flooring Holdings Inc (NYSE:LL) 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:AMBA) 11% LOWER; reported slightly better Q1 results but issued Q2 revenue guidance below Wall Street consensus.

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

Sportsmans (NASDAQ:SPWH) (SPWH) 6% LOWER; reported a Q1 miss on the top and bottom line and issued lackluster guidance for Q2.

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

Box Inc (NYSE:BOX) 3% HIGHER; reported a Q1 beat on the top and bottom line and raised FY guidance.

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

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