After Hours Summary: Busy earnings session, headlined by ABNB -11.2%; UPST +42%, CARG +10.5%, IAC +9.8%, RNG +9.5% higher on earnings; JXN -18.3%, CUTR -17.8%, TWLO -13.8% lower on earnings; SYNH +17% higher on Bloomberg report of PE interestAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UPST +42%, ANGI +12%, COMP +11.2%, CARG +10.5%, IAC +9.8%, RNG +9.5%, LZ +8%, CELH +7.5%, FLYW +7.1%, EXAS +7%, KIND +6.9%, LPSN +6.9%, VVX +6.5%, GH +6.3%, RIVN +6.1% (also files mixed shelf securities offering), OLO +6%, LPRO +5.9%, TOST +5.5%, LNW +5.3%, SUPN +4.8%, AKAM +4.6% (also announces 3% workforce reduction), QTWO +4.3%, VZIO +4.2%, DAR +4%, ZD +3.7%, EDR +3.3% (also to commence repurchases up to $300 mln, to initiate dividend), DUOL +3.1%, MTTR +3%, BIRD +2.9%, PUBM +2.8%, AZTA +2.6% (also announces business realignment), EA +2.4%, CTOS +2%, DIOD +2%, EXEL +2%, PRIM +2%, OVV +2%, NTRA +1.9%, HLI +1.9% (also increases dividend), AGTI +1.7%, MNKD +1.6%, GXO +1.4%, ONL +1.4%, GO +1.3%, TWNK +1.1% (also authorizes new $150 mln share repurchase program), XENE +1.1%, APPN +1%, VTLE +0.9%, WYNN +0.9% (also reinstates dividend), CDRE +0.8%, OSCR +0.8%, KGC +0.7%, PETQ +0.7%, PTRA +0.7%, CRCT +0.3%, BTG +0.1%
Companies trading higher in after hours in reaction to news: SYNH +17% (Elliott Inv Mgmt and others in talks to acquire co, according to Bloomberg), WM +0.7% (names new chairman), RKLB +0.3% (signs a deal to launch NASA's Starling mission; also completes and ships custom Photon spacecraft), MARA +0.2% (to operate Bitcoin mining facilities in Abu Dhabi), WPM +0.2% (renewed its at-the-market equity program), JNJ +0.1% (plaintiffs lost bid to end LTL unit's bankruptcy plan, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: JXN -18.3%, CUTR -17.8% (also CFO steps down; also announces agreements with Pura Vida and RTW), NVTA -14.9%, TWLO -13.8%, ABNB -11.2% (also authorizes new $2.5 bln share repurchase program), SILK -11%, EBS -9.5%, AFRM -8.8%, MODG -8.2%, RVNC -8%, BBAI -8% (also names new COO), HRB -7.9%, TTGT -7.9%, IRBT -7.4%, ZIP -7.4% (also authorizes new $100 mln share repurchase program), ARRY -6.9%, EVCM -6.4%, GPRO -5.7%, BLNK -4.8%, BROS -4.6%, AGL -3.9%, LAZR -3.7%, EXFY -3.5%, ICHR -3.5%, MASI -3.4%, STR -3.4%, MQ -3.2%, EOLS -3.1%, WTI -3%, CLNE -2.8%, SPCE -2.6%, VRDN -2.4%, AXON -2.2%, HCAT -2.1%, ORA -2%, RPD -1.9%, OXY -1.6%, HRT -1.5%, RXT -1.5%, ESE -1.3%, LNC -1.3%, MRTX -1.2%, ALC -1.2%, CE -0.6%, CPNG -0.6%, BE -0.5%, CMP -0.5% (also acquires outstanding 55% interest in Fortress North America), IOVA -0.3%, NHI -0.2%, RXDX -0.2%, PRA -0.1%
Companies trading lower in after hours in reaction to news: SILK -11% (files mixed shelf securities offering), RUM -10.6% (Tucker Carlson Twitter deal), IAS -10.5% (commences 10 mln share offering by selling stockholders), STR -3.4% (lowers dividend), BLUE -3.3% (files $350 mln mixed shelf securities offering), APAM -2% (reports April AUM), NEXT -2% (files for 5,835,277 share offering by selling shareholders), AB -1.3% (reports April AUM), BGNE -1.3% (files mixed shelf securities offering; also stock offering by selling shareholders), MRSN -0.7% (files mixed shelf securities offering), FOXA -0.6% (Tucker Carlson Twitter deal), IVZ -0.2% (reports April AUM), NBHC -0.1% (increases dividend, increases stock repurchase program to $50 mln)
