After Hours Summary: ADBE +4.6%, PATH +12.3%, PD +7.1% higher on earnings; PSN -39.1%, PTRA -17.1%, AMRS -8.4%, FIVE -4.2% lower on earnings; CS +9.5% recovers somewhat after hours;After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PATH +12.3%, PD +7.1%, ADBE +4.6%, FNV +3.3%, ZTO +1.5% (also approves special dividend of $0.37/ADS), CPRX +0.9%, CDRE +0.2%
Companies trading higher in after hours in reaction to news: CS +9.5% (rebounds from big drop on Wed), CVI +7.2% (to join S&P SmallCap 600), CERT +4.1% (to join S&P SmallCap 600), NNDM +2.8% (CEO releases video in response to claims made), CNP +1.8% (names new CFO), NYMT +1.7% (increases share buyback auth), NVTS +1% (NVTS announces distribution agreement with RELL), ARKK +0.8% (in sympathy with strong PATH earnings; ARKK holds stake), CANO +0.8% (stock offering), PCG +0.7% (names new CFO), C +0.5% (reports Feb card metrics), PRM +0.3% (stock offering), MSFT +0.2% (facing internal shortage of server hardware needed to run AI, according to The Information), ENOV +0.1% (CEO will also become Chair of the Board), MATV +0.1% (names new CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LPSN -39.1%, PTRA -17.1%, AMRS -8.4%, FIVE -4.2%, TPC -0.1% (also announces notice of hearing re proposed $2.95 bln NYC contract award)
Companies trading lower in after hours in reaction to news: ESPR -55.3% (discloses dispute over milestone payment with Daiichi Sankyo), AJRD -1.4% (LHX receives second request from FTC re AJRD deal), TNDM -1% (announces NEJM publication of study using t:slim X2 Insulin Pump), RBA -0.4% (stock offering by selling shareholders), HOOD -0.2% (COO to retire)