Constellation Brands announced the acquisition of SpikedAde. Shares declined 4.5% to $115.67 in after-hours trading Tuesday.

Caribou Biosciences said it was halting development on some products, cutting staff and initiating a strategic alternatives review after running into funding problems. The stock shed 34% to 75 cents after the bell.

Penguin Solutions logged higher profit in the latest quarter driven by AI demand. Shares rose 6% to $68 in late trading.