After-Hours Stock Movers:
MBIA (NYSE:MBI) 55% HIGHER; declared an extraordinary cash dividend on MBIA common stock of $8.00 per share to shareholders of record as of December 18 to be paid on December 22, which totals approximately $409 million. the yield represents 108.4%.
RH (NYSE:RH) 8% LOWER; the trendy home goods retailer missed on the top an bottom line for its thrid quarter.
Gates Industrial (NYSE:GTES) 7% LOWER; announced today that certain selling stockholders affiliated with Blackstone Inc.have commenced a secondary offering of 15,000,000 of Gates' ordinary shares.
lululemon athletica (NASDAQ:LULU) 2% LOWER; beat on the top and bottom line for its third quarter but full year revenue guidance was slightly below the Street on the high end.
Crown Castle Inc. (NYSE:CCI) 2% HIGHER; CEO to retire amid activist investor pressure on the company.
Broadcom Inc (NASDAQ:AVGO) 1% LOWER; beat on the top and bottom line in its fourth quarter but full year revenue guidance was modestly below the Street
DocuSign Inc . (NASDAQ:DOCU) 1% LOWER; falls despite a beat on the top and bottom line in the third quarter and revenue guidance slightly better at the mid-point.
Qorvo, Inc. (NASDAQ:QRVO) 1% HIGHER; upgraded to Overweight at Morgan Stanley
Qualcomm Incorporated (NASDAQ:QCOM) 1% LOWER; downgraded at Morgan Stanley