After Hours Summary: Busy earnings day with some big tech names; CLS +12.9%, CALX +11.2%, IBM +8.4%, TSLA +5%, LRCX +4%, WDC +2.5%, META +1.7% higher on earnings; WHR -13.2%, CMPR -8.5%, NOW -8.2%, MSFT -5.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CLS +12.9%, CALX +11.2%, IBM +8.4%, LVS +6.6%, TSLA +5%, LRCX +4%, BHE +3%, CCS +2.9%, WDC +2.5%, META +1.7%, NFG +1.7%, DLB +1.4%, RJF +1.4%, CP +1%, NLY +0.8%, MTH +0.7%
Companies trading higher in after hours in reaction to news: STGW +2.5% (launches STAGE AI), ALLY +2.3% (CEO bought $1 mln in shares), COUR +1.9% (CEO to retire, names new CEO), HRTG +1.5% (quantifies catastrophe losses from LA wildfires), SCHW +0.9% (increases dividend), VIK +0.5% (names new president), CWT +0.4% (increases dividend), DESP +0.4% (strategic partnership with HBX Group), AMGN +0.3% (European Commission approves BLINCYTO monotherapy as part of consolidation therapy), LAES +0.3% (expands its patent pool), MOG.A +0.1% (wins $100 mln LMT contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: WHR -13.2%, CMPR -8.5%, NOW -8.2% (also authorizes new $3 bln share repurchase program; also expands partnership with Google Cloud; also expands strategic alliance with Visa; also announces strategic partnership with SoftwareOne), CLB -7.3%, LEVI -6.8%, RHI -6.3%, MSFT -5.1%, SIGI -5%, MXL -3.8%, TER -3.3%, CHRW -1.8%, TTEK -1.1%, TWO -0.6%, LBRT -0.5%, HWKN -0.5%, SEIC -0.3%, URI -0.2% (also increases dividend), AMP -0.1%, WOLF -0.1%
Companies trading lower in after hours in reaction to news: CRGX -77.3% (to discontinue FIRCE-1), IKT -21.8% (reports Phase 2 data on risvodetinib), IRWD -16.7% (initiates Apraglutide NDA submission; also sees FY25 revs below consensus), BFLY -7.6% (commences stock offering), IMNM -6.4% (commences stock offering), AJG -0.8% (increases dividend), CQP -0.3% (increases dividend)