Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash.
Flutter — The FanDuel parent popped 6.3% after posting better-than-expected revenue in the second quarter and raising its full-year guidance.
Brinker International — Shares of the restaurant chain behind Chili's plunged 15% after Brinker International posted fiscal fourth-quarter earnings that disappointed and issued weaker-than-expected full-year earnings guidance.
Adjusted earnings of $1.61 per share came in below the FactSet consensus estimate of $1.72 earnings per share.
The Ohio-based company also raised its full-year guidance for earnings per share.
Persons:
snackmaker Mars, Brinker, Chili's, Health —, Cardinal, StreetAccount, Brian Niccol, Wells Fargo, Cowen, —, Fred Imbert, Michelle Fox, Pia Singh, Sarah Min
Organizations:
Bloomberg News, Justice, Brinker International, Holdings —, Intel, Health, Deutsche Bank, Stifel
Locations:
British, Ohio, Wells