After Hours Summary: ARQT +16.9% spiking on quarterly results; DLO -20.5%, INFN -12.4%, BOOT -7.5% amid sell-offs following earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ARQT +16.9%, NXT +7.9%, GSM +5.7%, SDRL +4.6%, KYTX +1.9%, NU +1.2%
Companies trading higher in after hours in reaction to news: WOOF +7.8% (appoints new Executive Chairman), KRMD +6.9% (signs Phase III clinical supply agreement), BLNK +3.4% (contract with NY as official EV charging provider), FOUR +3.1% (CEO bought $5.8 mln worth of stock), BGS +3% (several insider buy disclosures), AMK +1.9% (issues April report), STTK +1.3% (to present additional data), IAUX +1.2% (results from drilling at Granite Creek), WAFD +0.8% (increases repurchase authorization), AKAM +0.6% (CEO discloses stock buy of $2.0 mln REAX +0.4% (approves repurchase plan), BMRN +0.4% (to reduce global workforce), NBTX +0.1% (FDA protocol acceptance for new randomized phase 2 Study)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DLO -20.5%, INFN -12.4%, BOOT -7.5%, PBH -3.7%, DHT -2.6%, NUVB -2.3%, CSWC -0.2%
Companies trading lower in after hours in reaction to news: VSEC -3.2% (stock offering), BHC -1.6% (updates connected to Norwich XIFAXAN), MGY -1.3% (affiliates of EnerVest agreed to sell 12 mln shares), HMC -0.6% (trimming China workforce, according to Nikkei), GVA -0.2% (CFO to retire; names successor), NOC -0.1% (CFO to retire; appoints new CFO, increases dividend)