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Cerebras Rises 18% as Flowers Foods Cuts Outlook

After-hours trading split sharply across four companies: Cerebras Systems climbed 18% after raising its outlook, while Candel Therapeutics fell 39% after reporting a wider operating loss and disclosing talks with the Food and Drug Administration.

Cerebras Rises 18% as Flowers Foods Cuts Outlook

Cerebras said continued demand for its cloud services prompted the improved outlook. Its shares rose to $115.10 in after-hours trading Thursday.

Once Upon a Farm said it now expects an adjusted loss for the year following the recall of its Tractor Wheels snacks. The stock dropped 5% to $9.65 after the bell.

Flowers Foods cut its outlook, citing a choppy consumer environment and increased promotions. Its shares fell 8% to $5.53 after hours.

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