After Hours Summary: AMBA +13.6%, BOX +7.3%, ZS +4.6% up sharply on earnings; CRM -6.1%, HPE -3% fall on earnings; MRK +1.5% higher as FDA advisory panel narrowly endorses oral pillAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AMBA +13.6%, BOX +7.3%, ZS +4.6%, NTAP +1.1%, GFS +0.4%
Companies trading higher in after hours in reaction to news: BBW +17.7% (declares special dividend of $1.25/sh; authorizes $25 mln share repurchase program), BHG +2.3% (expects NeueHealth unbit to generate $2 bln in revs in 2022 with meaningful contribution from external payor relationships), MEIP +1.5% (stock offering), MRK +1.5% (FDA advisory panel narrowly endorses oral pill, according to CNBC), RTX +1.3% (awarded $450 mln Navy contract), GAN +1.1% (approves $5 mln share repurchase authorization), TTCF +0.9% (names new COO), MA +0.8% (authorizes $8 bln share repurchase program and increases dividend), T +0.4% (CEO provides update; says wireless delivered best-ever EBITDA in Q3), WNC +0.2% (releases new light-duty home delivery truck; secures over $10 mln initial order), CVE +0.2% (to sell Husky retail fuels network and Wembley assets for nearly $660 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EMKR -12.5%, BIRD -6.6%, CRM -6.1% (also promotes Bret Taylor to co-CEO), AIP -5%, HPE -3%
Companies trading lower in after hours in reaction to news: CTIC -22.2% (FDA extends review period for pacritinib NDA), LAC -7.4% (convertible notes offering), IMGN -5.5% (stock offering), SRG -0.8% (stock offering)