After Hours Summary: NVDA +8.2% sharply higher on another huge beat-and-raise, many semi names up in sympathy; GES +15.3%, SPLK +11.5%, ADSK +6.2%, SNOW +3.5% also higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GES +15.3%, SPLK +11.5%, NVDA +8.2% (also approves additional $25 bln for share repurchases), ADSK +6.2%, SNOW +3.5%
Companies trading higher in after hours in reaction to news: SMCI +8.4% (in sympathy with strong NVDA earnings), EHAB +8.1% (EHAB satisfies TMA conditions with EHC to initiate strategic review; will consider sale, merger), MRVL +3.7% (in sympathy with strong NVDA earnings), NVTS +3.4% (to reveal new high-performance power platform at SEMICON Taiwan 2023), AMD +3.4% (in sympathy with strong NVDA earnings), AVGO +3% (in sympathy with strong NVDA earnings), MU +2.5% (in sympathy with strong NVDA earnings), TSM +2.5% (in sympathy with strong NVDA earnings), FN +2.4% (in sympathy with strong NVDA earnings), CVS +1.2% (launches Cordavis which will work with manufacturers to develop biosimilar products), NXPI +0.9% (in sympathy with strong NVDA earnings), RKLB +0.8% (accelerates next recovery mission), NUE +0.6% (files mixed shelf securities offering), DNA +0.3% (stock offering by selling shareholders), EXEL +0.3% (names new CMO), TSE +0.2% (approves restructuring plan), FTI +0.1% (awarded significant contract by TotalEnergies)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VNET -5.2%, NTAP -1.6%, ZUO -0.8%, OOMA -0.4%
Companies trading lower in after hours in reaction to news: HRTX -2.9% (stock offering by selling shareholders), EHC -1.9% (EHAB satisfies TMA conditions with EHC to initiate strategic review; will consider sale, merger), INTC -0.4% (in sympathy with strong NVDA earnings)