After Hours Summary: ANET +13.9%, SKY +13.3%, LRN +11.2%, KVYO +11% higher on earnings; IONQ +1.5% as AMZN discloses new position; SNAP -16.2%, SMCI -15.6%, POWL -12.4% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MYGN +34.4%, JELD +21.2%, FLYW +18%, CRCT +15.7%, ANET +13.9%, ALAB +13.3%, RNG +13.3% (also names new CFO; also renewed collaboration with NICE), SKY +13.3%, LRN +11.2%, KVYO +11%, SGC +10.6%, GO +10.2%, CYRX +9.8%, ADPT +7.7%, LEU +7.7%, ANGI +7.2%, QLYS +7.2%, ZETA +7%, PRCH +6.3%, CURI +6.2%, RIGL +5.8%, DV +5.7%, PCTY +5.7% (also share buyback auth increased by $500 mln), REZI +5.6%, DEI +5.1%, SSRM +4.8%, TDC +4.3%, EGHT +4.2%, MTCH +4.2%, SUPN +4.2%, CRUS +3.8%, IFF +3.7% (also to divest soy crush, concentrates & lecithin business; also authorizes new $500 mln share repurchase program), NCMI +3.7% (also files for $300 mln mixed securities shelf offering), LMAT +1.7%, OR +1.7%, BWIN +1.5%, GXO +1.4% (also CFO to step down), SWKS +1.3% (also increases dividend), BL +1% (also Therese Tucker, Co-CEO and Founder, to transition from her role as Co-CEO; Owen Ryan, currently Co-CEO and Chairman, will continue as sole CEO), HNGE +1%, CC +0.9%, RVLV +0.9%, SNEX +0.6%, SPR +0.5%, ATEN +0.4%, SITC +0.4%, PARR +0.3%, RARE +0.3%, SU +0.3%, MRUS +0.3%, OUT +0.1%, QGEN +0.1%, VOYA +0.1%
Companies trading higher in after hours in reaction to news: CIX +2.8% (declares special div of $1/sh), ICFI +1.9% (launches ICF Fathom, a new suite of AI offerings for federal agencies), IONQ +1.5% (AMZN discloses new position in IONQ), PBI +0.6% ($200 mln in convertible notes), KD +0.3% (AI collaboration with Nova Intelligence), CIFR +0.2% (provides July update), SERV +0.1% (partners with Little Caesar's to deliver pizzas via UBER), ASR +0.1% (July traffic data), ULS +0.1% (files mixed shelf; also files for offering by selling shareholders)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LFMD -28.9%, EOLS -27.4%, PSNL -23%, OPEN -22.2%, APPS -22.1% (also files mixed shelf), SNAP -16.2%, SMCI -15.6%, HCKT -14.4%, GSM -13.6% (also withdrawing guidance), BBIO -12.9%, POWL -12.4%, AIP -10.7%, DAWN -10.6%, BOOM -10.3%, WTTR -10.2% (also evaluation of strategic alternatives for Peak Rentals), CDRE -8.9%, LCID -8.7%, AEIS -8.4%, CLOV -8.4%, MEC -7.9%, HY -7.6%, PAYS -7.3%, UPST -7.1%, MNTN -7%, JAZZ -6.4%, RRX -6.4%, MOS -5.9%, KMPR -5.6% (also authorizes new $500 mln share repurchase program), RIVN -4.8%, ACEL -4.8%, AMD -4.1%, VSTS -4%, ACHC -3.9%, LMB -3.8%, AMTM -3.6%, DVA -3.5%, PCRX -3.1%, MASI -2.7%, ARDT -2.5%, VSAT -2.1%, IPAR -1.9%, TOST -1.9%, NE -1.5%, AFG -1.1%, AMGN -0.9%, CPNG -0.8%, CWEN -0.7% (also increases dividend), ELME -0.7% (also to sell 19 multifamily communities for $1.6 bln; plans sale of remaining assets and liquidation and dissolution of Elme), DVN -0.3%, INVX -0.2%, GPOR -0.2%, AFL -0.1%, AIZ -0.1%, VTOL -0.1%
Companies trading lower in after hours in reaction to news: METC -14.6% ($150 mln stock offering; also files mixed securities shelf offering), SOPH -6.4% (files for 200,000 ordinary share offering by selling shareholders; also files for $200 mln mixed securities shelf offering), ARR -2.2% (commences 18.5 mln share offering), INCY -0.9% (CFO to step down), CCCS -0.8% (30 mln share offering), CBOE -0.2% (July trading volume), BR -0.2% (files mixed securities shelf offering), B -0.1% (publishes GISTM TSF disclosures)