After Hours Summary: AFRM +15%, CRM +2.8%, CRWD +2% among gainers following earnings; PSTG -14.3% and NVDA -5.9% slipping after reporting quarterly results; BIG -27.3% down big after considering bankruptcy, according to Bloomberg
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AFRM +15%, NTNX +14%, FIVE +7.4%, IREN +5%, VEEV +4.3%, VSCO +3%, CRM +2.8% (CFO transition), COO +2.3%, CRWD +2%
Companies trading higher in after hours in reaction to news: NOAH +0.6% (authorizes $50 mln repurchase plan), X +0.6% (investments at Mon Valley works and Gary Works), LMT +0.2% (awarded multiple U.S. Navy contracts)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PSTG -14.3%, APLD -13.6%, OKTA -7.8%, NVDA -5.9% (also approves additional $50 bln for repurchases) HPQ -3.5%, NTAP -3% (also announces new capabilities that support VMware)
Companies trading lower in after hours in reaction to news: BIG -27.3% (considering bankruptcy filing, according to Bloomberg), SMCI -5.2% (previews new architecture), RPTX -4.6% (reducing workforce by 25%), DAWN -3.4% (stock offering), DCTH -2.1% (results from study on liver-directed therapy), SYY -1.9% (files mixed shelf), TSLA -1.2% (requested Canada lower China-made EV tariff, according to Reuters), MEI -0.8% (appoints new CFO), RDDT -0.7% (investigating outage, according to Reuters), MSFT -0.5% (OpenAI valued at over $100 bln, according to WSJ), CMG -0.3% (appoints new CFO), GOOG -0.3% (releases new Gemini features), GS -0.3% (Fed reduces stress capital buffer requirements), FMC -0.1% (district court grants temporary restraining order against Sharda USA), BJRI -0.1% (CEO stepping down; names interim CEO)