DraftKings Up on Word of Large ESPN Deal, AMD Falls on Warning By Investing.com


© Reuters After-Hours Movers: DraftKings Up on Word of Large ESPN Deal, AMD Falls on Warning

After-Hours Stock Movers:

DraftKings (NASDAQ:) 6% HIGHER; ESPN and DraftKings are said to be near a new large partnership, according to reports from Bloomberg.

Blue Apron Holdings Inc (NYSE:) 6% HIGHER; completed its previously announced at-the-market equity offering program under which it sold shares of its Class A common stock for aggregate gross proceeds to the company of approximately $15 million.

Levi Strauss & Co (NYSE:) 5% LOWER; reported Q3 EPS of $0.40, $0.03 better than the analyst estimate of $0.37. came in at $1.5 billion versus the consensus estimate of $1.6 billion. Levi sees FY2022 EPS of $1.44-$1.49, versus the consensus of $1.54.

Advanced Micro Devices Inc (NASDAQ:) 4% LOWER; Third quarter revenue is expected to be approximately $5.6 billion, versus the consensus of $6.69 billion. Preliminary results reflect lower than expected Client segment revenue resulting from reduced processor shipments due to a weaker than expected PC market and significant inventory correction actions across the PC supply chain.

Intel Corporation (NASDAQ:) 3% LOWER; falls on AMD’s guidance cut.

NVIDIA Corporation (NASDAQ:) 3% LOWER; falls on AMD’s guidance cut.

Dell Technologies Inc. (NYSE:) 2% LOWER; falls on AMD’s guidance cut.

HP Inc. (NYSE:) 2% LOWER; falls on AMD’s guidance cut.

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