After Hours Summary: AMBA -12.9%, HPE -6.9%, HPQ -4% lower on earnings; LL +18.5% higher on possible deal interestAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BOX +2.6%
Companies trading higher in after hours in reaction to news: LL +18.5% (F9 Investments prepared to consider an offer of $5.76/sh for LL), TWLO +3.6% (will lose supervoting protection next month; also co has been meeting with activist, according to TheInformation), CAE +2% (awarded $455 mln subcontract for US Army Flight School), CCO +1.6% (to sell its businesses in Italy and Spain), SMTC +1.2% (names new CEO), BRMK +1.2% (RC shareholders approve issuance of common stock in merger with BRMK), RC +0.8% (RC shareholders approve issuance of common stock in merger with BRMK), UCBI +0.6% (receives FDIC approval to acquire First Miami Bancorp), MCRB +0.4% (receives $125 mln milestone payment for FDA approval of VOWST), PINS +0.3% (names new CFO), BMBL +0.3% (president to resign), MRTX +0.3% (to encore data demonstrating Adagrasib's potential), GLDD +0.2% (awarded a $157 mln US Army contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AMBA -12.9%, SPWH -7.3%, HPE -6.9%, HPQ -4%, UHAL -1.8%
Companies trading lower in after hours in reaction to news: BLTE -38% (commences public offering of ADSs), PEPG -18.4% (clinical hold on IND application of PGN-EDODM1), ASLE -8.5% (4 mln share offering by selling shareholders), LTRX -7.6% (CEO to step down), HRZN -6.4% (3.25 mln share offering), EGO -5.6% (announces C$81.5 mln strategic investment by EBRD and concurrent C$135 mln bought deal financing), KODK -2% (acquires Graphic Systems Services), IMMR -1.3% (CFO to step down, names new CFO), COIN -0.6% (SEC settles with former product manager and his brother on insider trading charges), IRTC -0.5% (received warning letter from FDA resulting from inspection), ABM -0.3% (partners with Orlando airport), BA -0.2% (increases 787 Dreamliner production, according to Reuters)