After Hours Summary: AMZN +8.9%, AXTI +23.6%, COHU +20.5% higher on earnings; AAPL -6.6%, MYGN -38.9%, MTZ -15.2%, RBLX -14.3%, RDDT -11.8% lower on earnings; KPTI -69% on Phase 3 data
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AXTI +23.6%, COHU +20.5%, FET +18.2%, RYAN +15.7%, MPWR +11.8% (also authorizes $500 mln buyback increase), CDNA +10.2%, DXCM +9.5%, AMZN +8.9% (also increase cap-ex budget to $220 bln from $200 bln), CSTL +7.3%, GH +7.2%, SPXC +6.8%, FND +5.5%, KWR +5.1% (also authorizes $250 mln buyback program), MMSI +4.4%, GDYN +3.7%, LPLA +3.5% (also authorizes $2.5 bln buyback program), SPSC +3.3%, MHK +3.1%, FSLR +2.9%, RIVN +2.2%, AX +2.1%, DRH +2.1%, EXPO +1.9% (also increases share repurchase authorization by $50 mln), NBIX +1.9%, LYV +1.7%, CUBE +1.5%, EMN +1.3%, HTGC +1.1%, AGM +1.1%, WY +0.8%, GLPI +0.6%, CPT +0.5%, EIX +0.3%, FHI +0.2%
Companies trading higher in after hours in reaction to news: GH +7.2% (files mixed securities shelf offering), SEER +6.8% (confirms receipt of revised acquisition proposal), ITRG +3.7% (feasibility report for Florida Canyon Mine), RDNT +2% (DeepHealth receives FDA clearance for AI-powered breast ultrasound), SMCI +1.7% (expands AI rack lineup for high-density liquid-cooled deployments), ABVX +1.3% (pre-NDA meeting with FDA supports obefazimod filing plan), ESRT +1% (files mixed securities shelf offering), KROS +0.9% (KROS to receive milestone payment from TAK), CACI +0.8% (awarded a $500 mln Army contract), HBAN +0.1% (unveils $80 bln community investment plan), HD +0.1% (realigns leadership structure), NTRS +0.1% (files mixed securities shelf offering), EA +0.1% (has obtained all regulatory approvals required to complete go-private merger), GE +0.1% (awarded a $117.8 mln Navy contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MYGN -38.9%, FLGT -18.4%, MTZ -15.2%, RBLX -14.3%, CERS -14.2%, RDDT -11.8%, ALHC -11.4%, WU -9.2%, GDDY -8.4%, SYK -8.3%, AAPL -6.6%, DXC -6.6%, COIN -5.9%, RMNI -5.6% (also launches Rimini Govern for AI), OLN -5.2%, HUN -4.7%, BJRI -3.7%, VCYT -3.4%, CTVA -3.3% (also remains on track for October separation), COLM -2.2%, CNO -1.8%, TEM -1.8%, EGO -1.6%, ILMN -1.5%, MTX -1.5%, IR -1% (also to acquire Fai Filtri s.r.l.), AJG -0.9%, MSTR -0.9%, BBAI -0.7%, NXT -0.5%, OLED -0.1%, PBA -0.1%
Companies trading lower in after hours in reaction to news: KPTI -69% (Phase 3 XPORT-EC-042 trial misses primary endpoint; also plans August sNDA for selinexor plus ruxolitinib), DBVT -4% (sale of $50 mln of ADSs through its At-The-Market program), NXT -0.5% (completes Zigor/Apex power conversion asset acquisition, ramps U.S. manufacturing), BAC -0.3% (to acquire cybersecurity consultancy)