After Hours Summary: AVGO -6.4% lower on earnings; AGX +17.3%, PATH +9.4%, GWRE +8.1%, SMAR +3.9% higher on earnings; X +2.3% as CLF CEO appears on CNBC, says CLF still interested in acquiring X
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AGX +17.3%, BOWL +12.6%, PATH +9.4% (also CFO to also become COO; also increases share buyback auth by $500 mln), GWRE +8.1%, AOUT +5.9%, SMAR +3.9%, ZUMZ +3.6%, IOT +1.8%, DOCU +1.4%
Companies trading higher in after hours in reaction to news: HELE +4.9% (authorizes new $500 mln share repurchase program), PFMT +3.1% (tentative award from NY state), X +2.3% (CLF CEO appears on CNBC; CLF still interested in acquiring X), TVTX +2.1% (FDA grants full approval of FILSPARI), BTBT +1.5% (reports August production data), CLF +0.8% (CLF CEO appears on CNBC; CLF still interested in acquiring X), LULU +0.7% (CEO bought 4000 shares worth $1.04 mln), PNNT +0.5% (to expand investment in joint venture), ROK +0.5% (authorizes new $1 bln share repurchase program), CBOE +0.4% (reports August trading volumes), INTC +0.3% (INTC exploring sale of part of its MBLY stake, according to Bloomberg), VICI +0.2% (increases dividend), BRC +0.2% (increases dividend), GHC +0.2% (Laura O'Shaughnessy discloses 10.8% stake), AWK +0.1% (Indiana approves deal to acquire Silver Creek Water), COST +0.1% (August same store comps), RLGT +0.1% (names new CTO), CYTK +0.1% (to present data)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SWBI -7.9% (also authorizes new $50 mln share repurchase program), PL -7.2%, AVGO -6.4%, BRZE -5.5%
Companies trading lower in after hours in reaction to news: AVB -3% (3.2 mln share offering), MBLY -1.9% (INTC exploring sale of part of its MBLY stake, according to Bloomberg), AMRX -1.8% (FDA approves BORUZU), SERV -1.2% (stock offering by selling shareholder), WBX -0.8% (stock offering by selling shareholders), UUUU -0.2% (Base Resources shareholders vote to approve takeover by UUUU), CRM -0.1% (to acquire Own Company, a startup, for $1.9 bln)