After Hours Summary: BB +1.3% higher on earnings; SCHL -12.1%, LGCY -8.4% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance:BB +1.3%
Companies trading higher in after hours in reaction to news:AKAM +19.1% (Signed a seven-year, $11.6 billion Anthropic cloud contract, with potential expansion of up to $9 billion.), PRME +12.4% (Received FDA clearance to begin U.S. clinical trials of PM647 for Alpha-1 Antitrypsin Deficiency.), WTTR +11.5% (Agreed to acquire Pilot Water Solutions for $700 million in cash and stock, targeting $10-$15 million in annual synergies.), PPLI +9.5% (MGM Resorts is reportedly considering a bid for People Incorporated.), FTHM +5.8% (Proposes combining its residential brokerage and title business with NXH’s interests in tZERO, Medici portfolio and GrainChain.), NXH +5.5% (Proposed restructuring would combine Fathom’s brokerage and title business with interests in tZERO, Medici and GrainChain.), STAA +4.7% (Authorized a $50 million share repurchase program expected to run over the next 12 months.), CNP +3.3% (Selected for a $50 million DOE grant supporting advanced substation upgrades in Greater Houston, subject to final negotiations.), EC +1.6% (Appoints Joaquín Gutiérrez Caballero CEO and principal legal representative, effective September 28.), FRMI +1.1% (Selected CBRE as exclusive operations and maintenance provider for its first data center under a five-year agreement.), RKLB +1.1% (Won Iridium shareholder approval for its acquisition, with closing expected by mid-2027 pending regulatory approvals.)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance:SCHL -12.1%, LGCY -8.4%
Companies trading lower in after hours in reaction to news:ZS -3.6% (Promoted Ross Tackett to chief revenue officer as Mike Rich steps down for personal reasons.)