After-hours movers: Snowflake, GameStop, Lifeway Foods, Liberty Broadband

After-Hours Stock Movers:

Snowflake(NYSE:SNOW ) fell 4% after it announced it intends to offer $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2027 and $1.0 billion aggregate principal amount of its Convertible Senior Notes due 2029 in a private placement.

GameStop(NYSE:GME ) rose 2% after it announced that it has completed its previously disclosed “at-the-market” equity offering program.

AAR Corp . (NYSE:AIR ) rose 3.5% after quarter EPS and sales topped estimates. Management said they expect further margin expansion.

Lifeway Foods (LWAY) rose 17% after Danone North America PBC sent a letter to Lifeway Foods proposing to acquire all of the outstanding shares of Common Stock not currently held for a purchase price of $25.00 per share in cash.

Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) rose 10% after it announced today that it communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications (NASDAQ:CHTR ) in response to an initial merger proposal sent by the Charter Special Committee.

Source: Investing.com