After-Hours Stock Movers:

General Motors

(NYSE:GM) rose 2.4% after it announced it will no longer fund Cruise’s robotaxi development work due to the considerable time and resources needed to scale the business.

Rocket Pharmaceuticals

(NASDAQ:RCKT) fell 6.75% after announcing it intends to offer and sell $150 million of shares of its common stock in an underwritten public offering.

Stitch Fix

(NASDAQ:SFIX) rose 20% after reporting solid quarterly results and guidance. Gross margin was 45.4%, an increase of 180 basis points year-over-year, reflecting improved transportation leverage and product margins.

Dave & Buster's Entertainment

(PLAY) fell 13% after third quarter results fell short of consensus. Additionally, CEO Chris Morris has tendered his resignation.

GameStop

(NYSE:GME) rose 14% after reporting mixed third quarter results. Net sales were $0.860 billion for the period, compared to $1.078 billion in the prior year's third quarter.

Q32 Bio

(QTTB) fell 68% after its SIGNAL-AD Phase 2a clinical trial for atopic dermatitis showed promising findings in Part A but did not meet the primary endpoint in Part B.

Acelyrin

(SLRN) fell after its Phase 2b/3 trial of izokibep did not meet the primary endpoint; secondary endpoints also did not achieve statistical significance.

SIGA Technologies

(SIGA) fell 7% after interim analysis showed that tecovirimat did not improve time to lesion resolution compared to placebo in adults with mild to moderate clade II mpox.

Joby Aviation

(NYSE:JOBY) fell 6% after entering an equity distribution agreement with Morgan Stanley & Co. LLC and Allen & Company LLC regarding the sale of common stock shares.