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After-hours movers: Broadcom, Costco, EVgo, Candel Therapeutics

investing.com 12/12/2024 - 21:55 PM

After-Hours Stock Movers:

Broadcom (NASDAQ:AVGO) rose 2.5% after delivering robust fourth-quarter results and first-quarter revenue guidance that matched Wall Street's ambitious estimates. AI revenue grew 220% year-on-year.

Costco (NASDAQ:COST) rose slightly after reporting first-quarter results, with net sales increasing 7.5% to $60.99 billion from $56.72 billion last year.

RH (NYSE:RH) rose 16% after lifting its full-year revenue guidance, projecting growth of 6.8% to 7.2% compared to a previous estimate of 5% to 7%.

EVgo (NASDAQ:EVGO) rose 10% after announcing the closing of a $1.25 billion guaranteed loan facility from the U.S. Department of Energy to support its public charging infrastructure efforts.

Candel Therapeutics (CADL) fell 11% after announcing an $80 million underwritten public offering of its common stock, along with pre-funded warrants to purchase shares for certain investors.




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