After Hours Summary: AMD +15.3%, SMCI +19.3%, FLEX +15.6%, ADPT +12.5%, VECO +12.2% higher on earnings; UPST -13.6%, ANET -13.4%, FRSH -7.6%, LITE -3.8% lower on earnings; AVTX +49.4% jumps on clinical data
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: EVC +76.6%, SMCI +19.3%, FLEX +15.6% (also to spin off its Power and Cloud portfolio), FLYW +15.5% (also $50 mln accelerated share repurchase program), AMD +15.3%, ADPT +12.5%, VCYT +12.3%, VECO +12.2% (also receives $250 mln in orders for certain products), PTGX +9.7%, HNGE +9.2%, CARL +7.6%, NBIX +7.2%, WTTR +7.2%, LMAT +7.1%, SSRM +7%, IFF +5.6%, JAZZ +5.5%, DVA +4.6%, IAG +4.3%, ATRC +3.7%, AGBK +3.5%, MTCH +3.1%, VSEC +3.1%, ECG +2.8%, SWIM +2.6%, LYV +2.2%, VGNT +2.2%, TLN +2.1%, INNV +2%, SUPN +1.6%, DHT +1.5%, PBI +1.4% (also increases dividend), EXEL +1.3% (also increases share repurchase authorization by $750 mln), INTA +1.2%, DOC +1.1%, GXO +1.1%, CBT +0.9% (also increases dividend), PAAS +0.9% (also enhanced shareholder return framework), BV +0.8%, JKHY +0.8%, DNTH +0.8%, GNW +0.8%, LEU +0.5%, XRAY +0.5%, GNL +0.5%, AIZ +0.4%, JOBY +0.4%, SU +0.4%, HTGC +0.3%, CTVA +0.2%, CHRD +0.1%, MRCY +0.1%
Companies trading higher in after hours in reaction to news: AVTX +49.4% (topline results from its Phase 2 LOTUS trial, also commences stock offering), TRVG +6.6% (files antitrust damages claim against Google units in German court), TENB +4.7% (CFO purchases 12K shares worth $258K), EXPD +1.2% (declares a semi-annual dividend of $0.81/sh), GOOG +1% (Anthropic aiming to spend $200 bln Google's cloud and chips, according to The Info), AMCR +0.9% (sells two beverage closure compression molding facilities), CRNC +0.6% (CRNC files complaint against AMZN at ITC), PAA +0.5% (provides update on NGL sale process), JBSS +0.5% (voluntarily recalls snack mix products), PFE +0.1% (developing weight loss drugs, according to WSJ), CBOE +0.1% (reports April volumes)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ATOM -29.2%, PRIM -29%, ATEC -20.4%, KVYO -19% (also CFO to step down), TMDX -18.9%, HCKT -18.8%, MYGN -14.5%, WOLF -14.3%, UPST -13.6%, ANET -13.4%, LMB -12.4%, JAN -12.4%, MTW -12.2%, NRGV -11.7%, ANGI -11.2% (also names new COO), VTOL -10.6%, LUMN -9.9% (also to acquire Alkira), SLRC -9.5%, LDI -9.4%, SLDP -9.2%, OUST -9.1%, TDC -8.9%, PARR -8.6%, AROC -8%, FRSH -7.6%, TEM -7.4%, TSLX -7.1%, MNTN -7%, AZTA -6.7%, TYGO -6.6%, NVTS -6.5%, MQ -6.3%, JXN -5.3%, DAVE -5.2%, LCID -5%, ONTO -4.4%, WK -4.3%, SWKS -4.2%, BJRI -4%, CPNG -4%, LITE -3.8%, BMBL -3.7%, RPD -3%, SDGR -2.9%, MBC -2.8%, RARE -2.7%, CC -2.6%, RVLV -2.5%, J -2.4%, GRAL -2.4%, LOGI -2.3%, PMT -2.3%, TRVI -2.3%, HL -2.2%, MSTR -2.2%, ALC -2.2%, OXY -1.9%, QLYS -1.9%, GPOR -1.7%, COTY -1.6%, SOLV -1.6%, DVN -1.4%, EMR -1.4%, QRVO -1.4%, CRK -1.3%, CYTK -1.3%, RCUS -1.2%, TALO -1.1% (also authorizes new $200 mln share repurchase program), AEE -1%, QDEL -1%, BFAM -0.7%, RLAY -0.7%, EOG -0.6%, MWA -0.6%, MG -0.6%, PFSI -0.5%, EA -0.3%, CRC -0.2%, TTAM -0.2%, PRU -0.1%
Companies trading lower in after hours in reaction to news: BZAI -17.8% (stock offering), RSI -7.9% (stock offering by selling shareholders), INGM -7.3% (announces launch of $330 mln offering by principal stockholder and concurrent stock repurchase; files stock offering), VRDN -3.7% (commences $150 mln convertible notes offering and $100 mln stock offering), CRBG -2.7% (AIG to sell 25 mln shares, its remaining stake in CRBG), ETR -2% (commences $2.175 bln stock offering), GPOR -1.7% (names new CEO), CYTK -1.3% ($650 mln stock offering), BEN -1.3% (reports April AUM), AMZN -0.9% (CRNC files complaint against AMZN at ITC), CAH -0.7% (increases dividend), AAPL -0.6% (reaches $250 mln Siri settlement, according to FT), LIN -0.3% (files mixed securities shelf offering), TVTX -0.2% ($400 mln convertible notes offering), WAB -0.2% (investing R$20 mln to expand ops in Brazil), NDAQ -0.1% (reports April volumes)