After Hours Summary: APP +28.4%, LYFT +21.5%, BROS +16.8%, FRSH +15.4%, ZG +14.3%, GH +13.4%, QCOM +6% higher on earnings; APPS -41%, CDLX -29.9%, SEDG -21.1%, MELI -9.2%, DUOL -5.9% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: APP +28.4% (also increases its share repurchase authorization by $2 bln), LYFT +21.5%, BROS +16.8%, FRSH +15.4% (also authorizes new $400 mln share repurchase program), ZG +14.3%, GH +13.4%, MKSI +11.2%, WAY +8.2%, UPWK +8% (also to acquire Objective AI, announces new $100 mln share repurchase auth), MEOH +7.8%, ZIP +7.3%, ELF +6.8%, RLJ +6.8%, HUBS +6.7%, RAMP +6.5%, LZ +6.3%, BBSI +6%, QCOM +6% (also authorizes a new $15 bln stock repurchase plan; also files mixed shelf securities offering), CPRX +5.6%, ASPN +5.3%, MCK +5.2%, KIND +5.2%, CERT +5.1%, ALNT +5%, ARDT +4.6%, TTWO +4.4%, VTLE +3.9%, WK +3.8%, KD +3.7%, PYCR +3.7%, CDE +3.5%, HCAT +3.4% (also to acquire Intraprise Health), VCYT +3.3%, CXW +3.2%, GILD +3%, MODV +2.7%, RCUS +2.7%, MWA +2.6%, VAC +2.5%, RPD +2.3%, AMED +2.3%, LTM +2.1%, COHR +2%, ANSS +1.9%, MFC +1.7%, SITM +1.3%, ACAD +0.9%, ET +0.8%, ODD +0.8%, COTY +0.7%, GFL +0.7%, RGNX +0.6%, VSTO +0.6%, LB +0.5%, VZIO +0.5%, FICO +0.2%, GNK +0.2%, AWR +0.1%, BTG +0.1%, CXT +0.1%, FSK +0.1%, KAR +0.1%, KGS +0.1%, RNR +0.1% (also increases share repurchase auth to $750 mln), SKT +0.1%, STE +0.1%
Companies trading higher in after hours in reaction to news: EBS +19.3% (brincidofovir will be included in a clinical trial), SEER +2.4% (SEER enters into co-marketing and sales agreement with TMO), ABUS +1.8% (files $300 mln mixed shelf securities offering), BBIO +1.5% (Viking Global (Andreas Halvorsen) affirmed 13.4% active stake), TMO +0.8% (SEER enters into co-marketing and sales agreement with TMO), IDXX +0.2% (amends supply agreement)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: APPS -41%, CDLX -29.9%, SEDG -21.1% (also names new Chairman), WOLF -18.7%, MTCH -15%, CRSR -12.9%, CLOV -12.9%, KVYO -11.2%, CTVA -9.7%, JXN -9.3%, MELI -9.2%, KRUS -8.7%, AMC -5.9%, DUOL -5.9%, ARM -5.5%, TNDM -5.4%, BYND -5.3%, ACLS -5.2%, RXRX -5.2%, EOLS -5.1%, RGLD -5%, FBIN -4.4%, SUI -4.4% (also announces restructuring and CEO retirement), AGI -4.3%, TRIP -4.1%, OR -3.9%, IIPR -3.6%, JOBY -3.6%, KW -3.4%, STR -3.4%, CWAN -3.3%, DV -2.9%, AEE -2.8%, CLNE -2.8%, JANX -2.5%, KNTK -2.3%, RVMD -2.3%, TS -2.3% (also approves a $700 mln follow-on share buyback program), FSLY -2%, NTR -2%, WES -1.8%, ALB -1.7% (also provides update on operating structure review; announces a 6-7% workforce reduction), SRPT -1.6%, RLAY -1.4%, ENLC -1.2%, DLX -1%, MRO -1%, APA -0.9%, IONQ -0.9% (also to acquire Qubitekk; also partners with ANSS to enhance engineering simulation), TPC -0.9%, ECG -0.9%, CHRD -0.7% (also authorizes new $750 mln share repurchase program), HL -0.6%, VSAT -0.6%, BALY -0.5%, CYTK -0.5%, OSUR -0.5%, QTWO -0.5%, BMBL -0.3%, COOK -0.3%, PR -0.3%, VECO -0.3% (also receives $50+ mln of orders in 2024 for its WaferStorm system), ADTN -0.2%, LAW -0.2%, RDN -0.1%, SBGI -0.1%
Companies trading lower in after hours in reaction to news: CNTX -5.4% (files $250 mln mixed shelf securities offering), KMT -1.1% (files mixed shelf securities offering), MHK -0.9% (COO to retire, names new COO), COST -0.3% (reports Oct comps), CDMO -0.2% (to be acquired for $12.50/sh by investment firms)