After Hours Summary: Auto stocks lower as President Trump imposes 25% tariffs; WOOF +10.7%, CNXC +10.5%, SCS +10.3%, FUL +6.7% higher on earnings; VRNT -10.7%, JEF -4.7% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: WOOF +10.7%, CNXC +10.5%, SCS +10.3%, FUL +6.7%
Companies trading higher in after hours in reaction to news: IMNM +7.2% (CEO bought 137100 shares; Director bought 7800 shares), ZNTL +5.7% (files $250 mln mixed shelf securities offering), ANGI +4.6% (to join S&P SmallCap 600), CAVA +4.5% (to join S&P MidCap 400), CADL +2.5% (reports Phase 2a data for CAN-2409), COHR +2.1% (to sell epitaxial fabrication facility), CRSP +0.6% (COO to step down), PSEC +0.5% (CEO bought 24000 shares), DRS +0.4% (receives $16.9 mln prototype project award by the US Army), CGBD +0.2% (shareholders approve merger with Carlyle Secured Lending III), FE +0.1% (workforce reduction less than 3%)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VRNT -10.7%, DDD -6.4%, JEF -4.7%, MLKN -2.5%
Companies trading lower in after hours in reaction to news: TECX -10.5% (stock offering by selling shareholders), GME -6.7% ($1.3 bln convertible notes offering , expects to use proceeds to acquire Bitcoin), GM -4.1% (President Trump to impose 25% tariffs on all cars not made in the U.S., according to CNBC), ODP -2.1% (to be removed from S&P SmallCap 600), STLA -2.1% (President Trump to impose 25% tariffs on all cars not made in the U.S., according to CNBC), VTS -2% (receives relief from Canadian securities authorities re future filing requirements), SVRA -1.9% (submits BLA to FDA for MOLBREEVI), TM -1.8% (President Trump to impose 25% tariffs on all cars not made in the U.S., according to CNBC), LNTH -0.8% (CytoSite Bio announces agreement with Lantheus for granzyme B targeted PET imaging radiotracer for immunotherapy assessment), TSLA -0.6% (President Trump to impose 25% tariffs on all cars not made in the U.S., according to CNBC), F -0.5% (President Trump to impose 25% tariffs on all cars not made in the U.S., according to CNBC)