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After-hours movers: Cal-Maine falls on bird flu, TE Connectivity gains on buyback

2023.12.12 20:02


© Reuters. After-hours movers: Cal-Maine falls on bird flu, TE Connectivity gains on buyback

After-Hours Stock Movers:

DoubleVerify (NYSE:) 1% HIGHER; Morgan Stanley initiates coverage with an Overweight rating and a price target of $40.00.

Match Group, Inc. (NASDAQ:) 1% HIGHER; amended its bylaws related to director nominees, suggesting it is worried about an activist investor.

TE Connectivity Ltd. (NYSE:) 1% HIGHER; announced a new $1.5 billion buyback and raised its quarterly dividend from $0.59 to $0.65.

Cal-Maine Foods , Inc. (NASDAQ:) 1% LOWER; reported that one of the Company’s facilities in Kansas tested positive for highly pathogenic avian influenza, affecting approximately 684,000 laying hens, or approximately 1.6% of the Companys total flock. Production at the facility has temporarily ceased as the Company follows the protocols prescribed by the USDA.

Axsome Therapeutics (NASDAQ:) 1% HIGHER; Citi initiates coverage with a Buy rating and a price target of $125.

Sarepta Therapeutics (NASDAQ:) 1% HIGHER; Citi initiates coverage on with a Buy rating and a price target of $113.

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