After Hours Summary: AVGO +5.1% higher on earnings and upbeat AI commentary; ALTO +27.7%, NAGE +23.7% higher on earnings; DUOL +1.5% on insider buy; SES -22.2%, GO -21.7%, STUB -11.8% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ALTO +27.7%, NAGE +23.7%, VEEV +13.7%, OOMA +9.3%, CBRL +7.3%, BLLN +5.2%, AVGO +5.1%, OKTA +1.5%
Companies trading higher in after hours in reaction to news: TTD +11.1% (OpenAI engaged in early conversations with TTD about advertising sales, according to The Information), GPK +4.8% (CEO bought 44,278 shares at $11.32 worth ~$501K), FIGR +1.9% (reports February operating data), NVRI +1.7% (early termination of waiting period for the proposed sale of Clean Earth), DUOL +1.5% (Director bought 5,000 shares at $99.76 worth ~$499K), CBOE +0.4% (reports February trading volume), MORN +0.3% (CFO bought 1,000 shares at $186.59 worth ~$187K), NRC +0.2% (provides business update; surpasses $152 mln in total recurring contract value), RTX +0.1% (awarded $183 mln Army contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SES -22.2%, GO -21.7%, STUB -11.8%, CCRN -11.2%, ARDT -9.8%, PLPC -8.6%, RGTI -4.7%, JBI -4.6%, AEO -3%, BULL -3%, KROS -3%, BTE -2.8%
Companies trading lower in after hours in reaction to news: PEPG -17.2% (FDA places FREEDOM02 trial on partial clinical hold), IREN -5.7% (enters purchase agreement for 50,000+ NVDA B300 GPUs), COHR -2.9% (launches 224Gbps quad TIA for next-gen AI), SHC -2.7% (stock offering by selling shareholders), YEXT -1.4% (to decrease the maximum shares to be repurchased in the tender offer to $140 mln), WLKP -1.3% (files $500 mln mixed shelf offering), SON -1.2% (files mixed securities shelf offering), MS -0.1% (report it will lay off 2,500 employees, according to WSJ)