Intriguing After-Hours Stock Movements: Capri Holdings, Skechers, DexCom, Western Digital, and More

After-Hours Stock Movements:

Capri Holdings (NYSE:CPRI) shares plummeted 48% after a judge blocked the merger agreement with Tapestry (NYSE:TPR), marking a victory for the FTC. Tapestry shares rose.

DexCom (DXCM) shares dropped 15% following the announcement of results and guidance in line with expectations, disappointing investors who hoped for faster growth.

Joby Aviation (NYSE:JOBY) shares decreased 6% after the launch of an underwritten public offering to sell up to $200 million in common stock.

Deckers Brands (DECK) shares rose 9% after revealing quarterly results that exceeded consensus estimates in both revenue and profit. Direct-to-Consumer sales increased 19.9% from $331.7 million to $397.7 million, while Wholesale sales increased 20.2% from $760.2 million to $913.7 million.

Western Digital (NASDAQ:WDC) shares went up 8% following the announcement of its quarterly results and guidance. Cloud accounted for 54% of total revenue.

Skechers USA (NYSE:SKX) shares climbed 8% after third-quarter results surpassed estimates in revenue and profit. Wholesale sales grew 20.6%, and Direct-to-Consumer sales increased 9.6%.

Edwards Lifesciences (NYSE:EW) shares rose 2% after reporting earnings per share in line with estimates. Third-quarter TAVR sales grew 6%.