After-Hours Stock Movers:
MasterCard (MA)
MasterCard rose 0.7% after it increased its dividend and approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock.
Lamb Weston (LW)
Lamb Weston fell 2% after Post Holdings (NYSE:POST) acquired a potato products company, raising doubts about a potential Lamb Weston and Post deal.
CommScope (COMM)
CommScope rose 17% after it announced the closing of a comprehensive refinancing with its first-lien secured lenders. The transaction will enable CommScope to address its upcoming 2025 and 2026 debt maturities and position the company for future success.
Corvus Pharma (CRVS)
Corvus Pharma rose 15% after it said it will announce interim data from the randomized, double-blind, placebo-controlled Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis tomorrow, December 18, 2024.
Worthington Industries (NYSE:WOR)
Worthington Industries rose 14% after second quarter results topped consensus. It announced adjusted EPS of $0.60 from continuing operations (diluted), up 5%, and adjusted EBITDA of $56.2 million, up 2%, despite lower net sales.
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