After-Hours Movers: PENN Entertainment, Scholar Rock, and Others

After-Hours Stock Movers:

PENN Entertainment (PENN) saw an increase of 1.5% following its announcement that it anticipates third quarter 2024 Retail Operations Adjusted EBITDAR to fall between $465 million and $475 million.

Scholar Rock Holding Corp (NASDAQ: SRRK) experienced a decline of 3% after revealing it has begun an underwritten public offering for $275 million in shares of its common stock. Earlier, shares surged 362% after the company released positive topline results from the Phase 3 SAPPHIRE clinical trial, which evaluates the effectiveness and safety of apitegromab, a therapy targeting muscle disorders in patients with SMA.

Robinhood (NASDAQ: HOOD) increased by 1% after announcing it will hold its inaugural Investor Day on December 4, 2024, in New York City.