After Hours Summary: OI +12.9%, CDNS +5.2%, WHR +3% higher on earnings; UHS -10.7% falls on earnings; PTGX -39.5% falls on clinical dataAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OI +12.9%, CDNS +5.2%, AXTA +4.7%, WHR +3% (also announces strategic review of its EMEA business), CATY +2.5%, TBI +0.3%, SSD +0.2%, CCK +0.1% (also to sell Kiwiplan business for $182 mln), LXFR +0.1%, AIN +0.1%
Companies trading higher in after hours in reaction to news: VNTR +17.2% (VNTR receives $85 mln settlement from Tronox), RDBX +5.6% (CFO to step down), ZVIA +3.8% (names new COO and CFO), BSM +2% (increases dividend), NLY +0.7% (NLY to sell its Middle Market Lending portfolio to ARES for $2.4 bln), RTX +0.3% (increases dividend), EPD +0.2% (EPD and OXY to work toward carbon dioxide solution)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: UHS -10.7%, PCH -2.3%, AMP -0.3% (also increases dividend), ACC -0.1%, HXL -0.1%, PKG -0.1%, WRB -0.1%, AAN -0.1%
Companies trading lower in after hours in reaction to news: PTGX -39.5% (announces topline results from the Phase 2 IDEAL study), NKTX -4.6% (commences $150 mln common stock offering), ARRY -4.6% (disappointed by Dept of Commerce's decision to investigate allegation of tariff circumvention), NKTR -3.6% (announces cost restructuring/headcount reduction), BOC -3.3% (files for $500 mln mixed securities shelf offering; also files for 8,297,039 offering by selling shareholders), AUY -0.6% (files for $1 bln mixed securities shelf offering)