After Hours Summary: MXCT +11.5% up on guidance; URBN +6% up on solid holiday sales; U +3.6% higher after workforce reduction; EXTR -8.8%, TCS -8.5%, MCHP -4.3% all down on guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MXCT +11.5% (guidance), ACCD +0.8%, SAND +0.2% (guidance)
Companies trading higher in after hours in reaction to news: AVIR +6.1% (positive initial data from Phase 2 study), URBN +6% (reports holiday sales), U +3.6% (reducing workforce by 25%), RKLB +2.3% (awarded $515 mln contract), JBLU +1.7% (names new CEO, also reaffirms Q4 guidance), AB +0.4% (names new CFO), GOOD +0.2% (provides business update)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EXTR -8.8% (guidance), TCS -8.5% (guidance), MCHP -4.3% (guidance), JEF -3.1%, ZUMZ -2% (guidance), DHR -1% (guidance)
Companies trading lower in after hours in reaction to news: DENN -3.9% (expansive agreement with Franklin Junction), ES -3% (recording impairment charge), AKR -2.7% (stock offering), CAAP -1.7% (receives gross indemnification payment), SCLX -1.4% (files mixed shelf), PTEN -1.2% (December drilling data), NUVB -0.6% (IND app cleared by FDA)