After Hours Summary: AMBA -15.2%, BOX -7.5%, HPQ -5.6%, NCNO -2.5%, HPE -1.8% lower on earnings; PVH +3.1% higher on earnings
After Hours Gainers:
- Companies trading higher in after hours in reaction to earnings/guidance: PVH +3.1% (also increases FY24 planned repurchases to $400 mln)
- Companies trading higher in after hours in reaction to news: PODD +3.5% (CEO bought 5550 shares), SIRI +2.3% (CEO bought 250000 shares), AVT +0.7% (increases dividend), LYFT +0.7% (Director bought 96900 shares), GOOG +0.2% (expands the Duet AI in Google Cloud preview with new capabilities), AIR +0.1% (signs two multi-year commercial agreements with Moog)
After Hours Losers:
- Companies trading lower in after hours in reaction to earnings/guidance: AMBA -15.2%, BOX -7.5% (also expands stock repurchase program by $100 mln), HPQ -5.6%, AMWD -2.8%, NCNO -2.5%, HPE -1.8%
- Companies trading lower in after hours in reaction to news: FGEN -16.4% (announces topline results from LELANTOS-2 Phase 3 study), MVIS -4.2% (enters into $35 mln ATM program), MMP -3.6% (files investor presentation Highlighting Benefits of Pending ONEOK Transaction), SAIC -2% (awarded $575 mln U.S. Air Force contract), ARR -1% (approves 1-for-5 reverse stock split), MOD -1% (announces sale of coatings aftermarket application facilities), GLPI -1% (acquires land under Hard Rock Casino in Rockford, IL for $100 mln), NDAQ -0.7% (names new CFO), MOS -0.4% (CEO to resign, names new CEO)