After-Hours Stock Movers:
InflaRx N.V. (NASDAQ:IFRX) 26% HIGHER; adds to gains of 84% intra-day on an FDA EUA approval for its COVID-19 treatment for critically ill patients.
SMART Global Holdings, Inc. (NASDAQ:SGH) 4% LOWER; reported Q2 EPS of $0.76, $0.16 better than the analyst estimate of $0.60. Revenue for the quarter came in at $429 million versus the consensus estimate of $435M. SMART Global Holdings, Inc. sees Q3 2023 EPS of $0.30-$0.50, versus the consensus of $0.42. SMART Global Holdings, Inc. sees Q3 2023 revenue of $355-395M, versus the consensus of $408M.
Johnson & Johnson (NYSE:JNJ) 3% HIGHER; subsidiary filed for bankruptcy again, seeking to complete a $8.9 billion settlement of lawsuits alleging that its talc products cause cancer.
Protagonist Therapeutics (NASDAQ:PTGX) 2% LOWER; announced that it has commenced an underwritten public offering of $100M of shares of its common stock.