© Reuters. After-hours movers: ContextLogic beneficial properties on buyback, CSX up on EPS
After-Hours Inventory Movers:
Contextlogic Inc (NASDAQ:) 29% HIGHER; introduced at present that its Board of Administrators has accredited a share repurchase program with authorization to repurchase as much as $50 million in shares of its Class A typical inventory.
EyePoint Prescribed drugs, Inc. (NASDAQ:) 7% HIGHER; Baird initiates with an Outperform score and a worth goal of $33.00.
CSX Corp. (NASDAQ:) 3% HIGHER; reported Q1 EPS of $0.48, $0.05 higher than the analyst estimate of $0.43. Income for the quarter got here in at $3.71 billion versus the consensus estimate of $3.59B.
XPO Logistics (NYSE:) 2% HIGHER; Citi from Impartial to Purchase with a worth goal of $50.00 (from $37.00) on at present’s information of a brand new COO.