
After-Hours Movers: Snowflake, GameStop, Lifeway Foods, Liberty Broadband
After-Hours Stock Movers:
Snowflake experienced a 4% decline after announcing plans to offer $1.0 billion in Convertible Senior Notes due 2027 and another $1.0 billion in Convertible Senior Notes due 2029 through a private placement.
GameStop saw a 2% increase following the completion of its previously announced “at-the-market” equity offering program.
AAR Corp rose 3.5% after reporting quarterly earnings per share and sales that exceeded expectations. Management anticipates further margin growth.
Lifeway Foods surged by 17% after Danone North America PBC proposed to acquire all outstanding shares of Common Stock not currently held at a cash price of $25.00 per share.
Liberty Broadband Corporation increased by 10% after announcing that it presented a counterproposal to the Special Committee of the Board of Directors of Charter Communications, in response to an initial merger proposal from the Charter Special Committee.