After Hours Summary: ADSK -8.8% falls on earnings, lowers FY23 billings guidance; JWN -8.7%, GES -5.9% also lower on earnings; HPQ +1% a bit higher on earnings and dividend boost, but also reducing headcountAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HPQ +1% (also to reduce global headcount by 4,000-6,000; increases dividend by 5%)
Companies trading higher in after hours in reaction to news: MANU +7% (to explore strategic alternatives), AMRX +3% (launches second biosimilar with RELEUKO in the US), SRE +2.7% (executes 20-year sale and purchase agreement with COP for LNG), QURE +1.2% (FDA approves first gene therapy for hemophilia B), MAXR +0.2% (SATS amends agreement with MAXR for production of EchoStar XXIV satellite), SON +0.1% (announces lease agreement with LATAM Cargo for bulk shipping container)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ADSK -8.8% (lowers FY23 billings guidance; authorizes additional $5 bln for share repurchases), JWN -8.7%, GES -5.9%, VMW -2%
Companies trading lower in after hours in reaction to news: GRTS -1.3% (files for 6,637,165 share offering by selling stockholders), OPNT -0.3% (completes rolling NDA submission for OPNT003)