After-Hours Movers: GM, Stitch Fix, Dave & Buster's, GME, and More

After-Hours Stock Movements:
General Motors (NYSE: GM) rose by 2.4%. The company announced that it would no longer finance Cruise's robotaxi development efforts due to the significant time and resources required to scale the business.
Rocket Pharmaceuticals (NASDAQ: RCKT) fell by 6.75%. The company announced today its intention to offer and sell $150 million of common stock in a public offering.
Stitch Fix (NASDAQ: SFIX) surged by 20% following strong quarterly results and guidance announcement. The gross margin was reported at 45.4%, reflecting an increase of 180 basis points year-over-year. This increase is attributed to improved shipping advantages and product margins.
Dave & Buster's Entertainment (PLAY) declined by 13% after third-quarter results fell short of expectations. Additionally, the company's CEO, Chris Morris, submitted his resignation.
GameStop (NYSE: GME) rose by 14% after reporting mixed third-quarter results. Net sales for the period were $860 million, compared to $1.078 billion in last year's third quarter.
Q32 Bio (QTTB) dropped by 68% after failing to achieve the primary endpoint in Part B of its SIGNAL-AD Phase 2a clinical trial, despite showing promising findings in Part A for atopic dermatitis.
Acelyrin (SLRN) fell after isokibep's Phase 2b/3 trial did not meet its primary endpoint, and secondary endpoints also did not reach statistical significance.
SIGA Technologies (SIGA) decreased by 7% after an interim analysis showed that tecovirimat did not improve lesion healing time compared to placebo in adults with mild to moderate clade II mpox.
Joby Aviation (NYSE: JOBY) dropped by 6% after entering into a stock distribution agreement for the sale of common stock with Morgan Stanley & Co. LLC and Allen & Company LLC.
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