Smith & Wesson Brands reported a 27% increase in revenue, bolstered by successful new product rollouts that expanded the firm's footprint in the firearms market. The company also posted higher fourth-quarter profits, pushing the stock up 15% to $15.85.

Elsewhere, Logistic Properties of the Americas announced the divestment of a logistics park in Lima, Peru, for $145 million. The market responded sharply to the news, sending shares climbing to $5.17. Conversely, Legend Biotech faced downward pressure after announcing a $225 million underwritten public offering of American depositary shares. Following the disclosure, the company's ADSs dropped 7.1% to $31.15.