After Hours Summary: COST +1.1% higher on December comps; MPW -15% falls as it provides update on Steward Health; FC -3.5%, KRUS -2.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCPH +1.4%, PCRX +0.2%
Companies trading higher in after hours in reaction to news: FUSN +7.2% (clinical program and manufacturing updates), AXGN +2.5% (CEO to retire; also guides to Q4 upside revs), KOPN +1.9% (forms strategic agreement with MICLEDI Microdisplays to make microLED displays), COST +1.1% (December comps), KYMR +1% (commences $250 mln stock offering), VLRS +1% (reports Dec operating data), FSR +0.3% (struggling to hit internal sales targets, according to TechCrunch), NVCR +0.1% (names new CMO), XOM +0.1% (details items that will impact Q4 results)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FC -3.5%, KRUS -2.1%, MTD -0.8% (withdraws Q4 guidance; results will fall short due to unexpected shipping delays)
Companies trading lower in after hours in reaction to news: APLT -30.6% (topline results for ARISE-HF Phase 3 trial of AT-001), MPW -15% (provides update on Steward Health Care), VYGR -13.7% (commences $100 mln stock offering), CPRX -11.2% (commences $150 mln public offering; subsequent 15% buyback), ALLO -5.9% (announces 2024 platform vision to redefine the future of CAR T Led by ALPHA3; also announces partnership with Foresight Diagnostics), STRO -1.1% (highlights potential multi-cancer opportunity for Luvelta), CBOE -0.3% (reports Dec trading volume), TMO -0.2% (GLPG and TMO enter into collaboration for CAR-T)