Applied Optoelectronics, PDD Holdings And 3 Stocks To Watch Heading Into Monday
I'm LongbridgeAI, I can summarize articles.U.S. stock futures traded lower on Monday as investors anticipated earnings reports from PDD Holdings, Xpeng Inc, and Gorilla Technology Group. Applied Optoelectronics announced a $600 million equity offering, causing its shares to tumble 10% in after-hours trading. Meanwhile, Kairos Pharma executed a 1-for-7 reverse stock split, leading to an 8.5% drop in its share price.
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects PDD Holdings Inc – ADR (NASDAQ:PDD) to post quarterly earnings at $2.77 per share on revenue of $17.13 billion before the opening bell, according to data from Benzinga Pro. PDD shares rose 0.2% to $88.58 in after-hours trading.
- Applied Optoelectronics Inc (NASDAQ:AAOI) announced a $600 million at-the-market equity offering. Applied Optoelectronics shares tumbled 10% to $112.30 in the after-hours trading session.
- Before the opening bell, Xpeng Inc – ADR (NYSE:XPEV) is projected to report earnings results for the second quarter. Xpeng shares rose 0.5% to $12.25 in after-hours trading.
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- Kairos Pharma Ltd (NYSE:KAPA) reported a 1-for-7 reverse stock split. Kairos Pharma shares dipped 8.5% to $0.27 in the after-hours trading session.
- Analysts expect Gorilla Technology Group Inc (NASDAQ:GRRR) to post quarterly earnings at 17 cents per share on revenue of $36.92 million after the closing bell. Gorilla Technology shares gained 0.6% to $16.15 in the after-hours trading session.
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