After-Hours Movers:
Virgin Galactic Holdings, Inc. (NYSE:SPCE) 17% HIGHER; updated leadership structure to support commercial spaceline operations, which are on track for Q2 2023 as previously announced by the Company. The organizational changes will support the company's core near-term objectives of delivering increased flight frequency and executing on rapid fleet development plans.
Hanesbrands Inc (NYSE:HBI) 9% HIGHER; expects to report fourth-quarter 2022 net sales slightly above the top end of its outlook range and adjusted operating profit at the midpoint of the range.
LendingClub (NYSE:LC) 4% HIGHER; reducing its workforce by 14%, or 225 employees.
Ares Capital Corporation (NASDAQ:ARCC) 3% LOWER; announced that it plans to make a public offering of 9,000,000 shares of its common stock.
RF Industries (NASDAQ:RFIL) 2% HIGHER; reported Q4 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $23 million versus the consensus estimate of $22.26 million.
ConocoPhillips (NYSE:COP) 1% HIGHER; in Talks to Sell Venezuelan Oil in U.S - WSJ