After Hours Summary: AEO -14.2% falls on EPS miss, will pause dividend; others down on earnings/guidance: CURV -11%, AVAV -5.2%, DSGX -4%, MKC -3.5%; ASAN +17.7%, GME +11.3% higher on earnings; W -7.5% falls on convertible offeringAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ASAN +17.7%, GME +11.3% (also partners with FTX making GME FTX's preferred retail partner in US), YEXT +5.3%, INTA +2%, BASE +0.1%, CPRT +0.1%
Companies trading higher in after hours in reaction to news: ARQT +5% (to acquire Ducentis BioTherapeutics), OLO +1.7% (authorizes new $100 mln share repurchase program), STKS +1.6% (authorizes new $10 mln share repurchase program), XXII +1.5% (COO to step down, co plans to eliminate COO position)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AEO -14.2% (also will pause dividend; plans to cut expenses and cap-ex), SKIL -11.8% (also authorizes new $30 mln share repurchase program), CURV -11%, AVAV -5.2%, DSGX -4%, MKC -3.5%, VRNT -3.1% (also CFO to step down, names new CFO), PLAY -2.1%, CASY -0.6%
Companies trading lower in after hours in reaction to news: GDYN -9.3% (files for $100 mln common stock offering), W -7.5% (to offer $600 mln in convertible notes), VIEW -3.7% (stock offering), ERAS -2.9% (preliminary Phase 1/1b monotherapy data for ERAS-007 ERK and ERAS-601 SHP2 inhibitors), HPK -2.4% (files for 7,455,493 share offering by selling shareholders), DNA -1.7% (files for 3,178,887 share offering by selling shareholders), VCYT -1.7% (new data suggest co's Envisia Genomic Classifier can help predict disease progression), CDNA -1.2% (names new CFO), JBLU -0.5% (Air Emirates to end partnership on Oct 30), TOL -0.4% (TOL and EQR to to develop 3 new luxury rental communities in Dallas area), CG -0.4% (MANT shareholders approve previously proposed merger with CG), AGNC -0.3% (prices offering)