An worker of a testing firm Qiagen holds a take a look at equipment at Qiagen’s facility, in Hilden, Germany, September 8, 2020.
Leon Kuegeler | Reuters
Check out the corporations making headlines after the bell on Tuesday:
Qiagen – Qiagen shares ticked up 4% after the firm introduced the launch of a new ultra-fast sequencing answer for high-throughput genomic surveillance that shortens turnaround time for researchers figuring out Covid-19 variants.
Maxeon Solar Technologies – The photo voltaic panel producer’s inventory dropped 9% after the firm issued weaker-than-expected first-quarter income steerage. Maxeon stated it expects income for the first quarter to come back in at about $160 million. Analysts surveyed by FactSet forecast a first-quarter income of $232.8 million. The disappointing forecast overshadowed fourth-quarter numbers that beat analyst expectations.
Li Auto – The electrical car producer’s shares fell 4% after the firm introduced a $750 million convertible senior word providing. The debt will likely be due in 2028.
PG&E – Shares of the fuel and electrical firm slipped barely after the bell. In common buying and selling, PG&E shares slipped 1.9% after The San Francisco Chronicle reported the Sonoma County district legal professional charged the firm with 5 felonies and 28 misdemeanors over the 2019 Kincade hearth.
Smart Global Holdings – Shares of the firm rose lower than 1% after Smart Global logged better-than-expected fiscal second-quarter outcomes. Smart Global posted earnings per share of 87 cents on income of $304 million. Analysts polled by FactSet anticipated earnings per share of 80 cents on income of $295.6 million.