This photo illustration shows the ViacomCBS logo shown on a smartphone.
Rafael Henrique | SOPA Pictures | LightRocket | Getty Images
Check out the companies that make news after the bell on Monday:
ViacomCBS: Media giant shares fell 4.3% after the company announced it would sell $ 2 billion worth of its Class B shares and $ 1 billion in Series A preferred shares. he said he plans to use some of the revenue to invest in its broadcasting services.
QuantumScape: Lithium battery company shares fell nearly 4% after the Securities and Exchange Commission statement showed that QuantumScape will sell up to 13 million Class A shares.
Western Midstream Partners: Western Midstream shares fell 2.8% after the energy company announced that a subsidiary of Western Petroleum shareholder will sell 8 million shares in ordinary shares. BofA Securities will subscribe to the offer.
Raven Industries – Shares of agricultural technology company fell 8.6% on light volume after Raven Industries reported weaker-than-expected fourth-quarter fiscal results. Raven recorded earnings per share of 1 cent in revenue of $ 80.1 million. Analysts surveyed by FactSet predicted earnings per share of 13 cents of revenue of $ 91.8 million.