Post-Market Movers: Broadcom, Costco, EVgo, Candel Therapeutics

Post-Session Stock Movements: Broadcom (NASDAQ:AVGO) rose by 2.5% following the announcement of robust fourth-quarter results and first-quarter revenue guidance that aligned with Wall Street's ambitious forecasts. AI revenues increased by 220% year-over-year. Costco (NASDAQ:COST) saw a slight uptick after releasing its first-quarter results. First-quarter net sales rose from $56.72 billion last year to $60.99 billion, marking a 7.5% increase. RH (NYSE:RH) increased by 16% after raising its full-year revenue forecast. The company adjusted its full-year revenue growth outlook from the previous range of 5% to 7% to a new range of 6.8% to 7.2%. EVgo (NASDAQ:EVGO) surged by 10% following the announcement of a $1.25 billion guaranteed loan closing under the U.S. Department of Energy’s Title 17 Clean Energy Financing Program to support its upcoming public charging infrastructure efforts. Candel Therapeutics (CADL) dropped by 11% after announcing an offering of $80 million in common stock and pre-funded warrants that provide certain investors the right to purchase common stock instead of common shares.