Take a look at the businesses making headlines after the bell on Tuesday:
Atlassian — Shares of the Australian software program firm ticked up 1% on revised income steerage for the fiscal third quarter. Atlassian now expects income between $566 million and $572 million. Analysts polled by FactSet beforehand predicted income of $487.2 million for the corporate’s third quarter. The brand new forecast can also be above Atlassian’s earlier income steerage for the quarter.
Sew Repair — Shares of the non-public styling service slid 3.2% after the corporate introduced that founder and CEO Katrina Lake will grow to be the manager chairperson and Elizabeth Spaulding will take over as CEO, efficient Aug. 1.
Endo Worldwide — The pharmaceutical firm’s shares ticked up barely after the corporate introduced that promising part 3 knowledge on a cellulite therapy was revealed within the official journal of the American Society of Dermatologic Surgical procedure. The information demonstrated that the therapy offers a clinically significant enchancment within the look of average to extreme cellulite within the buttocks of grownup girls in comparison with placebo.
Amicus Therapeutics — The biopharmaceuticals firm’s shares rose 3% after analysts at Cantor Fitzgerald upgraded the inventory to chubby from impartial, citing the corporate’s promising gene remedy outcomes.
Discovery — Discovery’s Class A and Class C shares dropped 3.8% and 5.1%, respectively, after after CNBC’s David Faber reported that Credit score Suisse continues to unload positions within the media firm on account of the blow up of Archegos Capital Administration. Citing merchants, Credit score Suisse bought 19 million of the media firm’s Class A shares and 22 million in Class C inventory.
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