After Hours Summary: AEO -15.1% as it withdraws FY25 guidance; TXO -10% on acquisition of assets and offering; ECG +12.8% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ECG +12.8%, ATXS +9%, ETON +7.9%, ABSI +7.1% (also announces first participants dosed in Phase 1 trial of ABS-101), EXEL +6.1%, KRMN +2.1%, CAE +2%
Companies trading higher in after hours in reaction to news: PSN +2.5% (awarded two contracts by King Salman Airport)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GRAL -16.1%, AEO -15.1% (provides Q1 guidance, withdraws FY25 guidance), WALD -7.6%, WBTN -6.7%, NU -5.1%, KLC -3.2%, ALC -3%, OKLO -1.9% (also names new CTO)
Companies trading lower in after hours in reaction to news: TXO -10% (to acquire assets in the Elm Coulee field; also commences $175 mln offering), KVYO -5.9% (launches $372 mln offering; also announces stock sale plan by Andrew Bialecki CEO and Co-Founder), OABI -2.8% (showcases single B-cell screening platform), AKAM -2.2% ($1.35 bln convertible notes offering), NFE -2.1% (to delay 10-Q filing), VSTM -0.8% (stock offering by selling shareholders), UBER -0.7% (proposed private placement of $1 bln of exchangeable senior notes), ASND -0.4% (provides new data), PD -0.4% (renews its collaboration agreement with AWS), TEM -0.4% (six posters accepted for presentation), BXC -0.1% (names new CFO), HOOD -0.1% (reports April data), PARR -0.1% (files mixed securities shelf offering)