Let’s take a look at the companies that gained attention after the deal closed. Urban Outfitters — The clothing retailer’s stock rose about 8% after the company reported better-than-expected first-quarter results. Urban Outfitters reported adjusted earnings of 69 cents per share and revenue of $1.2 billion. This beat the expectations of analysts surveyed by LSEG of 52 cents per share and revenue of $1.18 billion. Viasat — Telecommunications company Viasat’s fourth-quarter loss of 80 cents per share sent its stock price down nearly 13%. The results were worse than the loss of 63 cents per share that analysts had expected, LSEG said. However, the company’s revenue for the period was $1.15 billion, beating expectations of $1.09 billion. Haemonetics — The healthcare company fell 8% after announcing a proposed private placement of $525 million worth of convertible notes. The bonds will mature in 2029 and are available for purchase by qualified institutional investors. Toll Brothers — The home builder’s stock rose more than 1%. Toll Brothers announced second-quarter earnings of $4.55 per share on revenue of $2.65 billion. Analysts surveyed by LSEG expected earnings of $4.14 per share and revenue of $2.53 billion. XP — The Brazilian financial services company fell 4%. XP reported first-quarter net revenue slightly below consensus estimates, according to FactSet. Total net inflows also decreased slightly from the same period last year. Modine Manufacturing Company — The thermal management company’s stock price fell nearly 8%. Modine’s fourth-quarter revenue was $603.5 million, below analysts’ expectations of $605.4 million, according to FactSet. — CNBC’s Darla Mercado contributed reporting.
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