After-hours movers: Arcutis gains on upgrade, Bloomin’ Brands up on Starboard deal

After-Hours Stock Movers:

Arcutis Biotherapeutics Inc . (NASDAQ:) 6% HIGHER; Mizuho Securities upgrades to Buy with an $8.00 price target.

PGT Innovations, Inc. (NYSE:) 4% HIGHER; received an unsolicited proposal from Miter Brands to acquire all outstanding shares of PGT Innovations’ common stock for $41.50 per share in cash. The company is currently in an agreement to be acquired by Masonite International Corp . (NYSE:) for $41 per share.

Bloomin’ Brands, Inc. (Nasdaq: BLMN) 3% HIGHER; named Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP, to the board.