GameStop advanced after the company is looking to increase outstanding shares to 1 billion from 300 million to enable a stock split. BlackBerry dropped after the company reported unexpected profit but missed the quarter revenues estimate. Li Auto, China-based electric vehicle maker delivered nearly 32,000 deliveries, more than double in the period a year ago.
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Micron Technology was in focus after the memory-chip maker reported better than expected sales and earnings. Data center linked revenues surpassed smartphone chip demand. Lululemon missed revenues outlook but announced $1 billion of share buyback. Chewy plunged 15% after reporting larger than expected loss. RH edged lower after the high-end retailer reported lower than expected revenues.
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Tesla jumped nearly 8% after the company said it is looking to split the stock without declaring the date and split ratio. AMC Entertainment surged 25% after the company CEO said more acquisitions are in the pipeline. Poly soared 50% after the communication company agreed to be acquired by HP Inc.
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