After Hours Summary: Busy earnings session highlighted by DIS -4.3%; APP +12.3%, U +10.4%, DV +5.8%, ALGM +5.7% higher on earnings; SONO -19.2%, CDNA -9.1% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PRPL +22%, APP +12.3%, U +10.4%, MAXN +9.6%, DXPE +8.4%, FLNC +7.4%, MGNI +6.5%, DV +5.8%, ALGM +5.7%, SMRT +5.6%, NXT +5.3%, STE +4.1%, BYND +3.9% (also files mixed shelf securities offering), TTD +3.6% (also CFO to step down, names new CFO), ALRM +2.9%, ACVA +2.6%, PAAS +2.6%, RBA +2.3%, ORCC +2.3%, JAZZ +2.1%, MATV +2.1%, HOOD +2%, SOVO +2%, TTEK +2%, STKL +1.5%, CPRX +1.3%, LAW +1.2%, RPAY +1%, RICK +0.8%, OR +0.8% (also increases dividend), OSUR +0.7%, CDE +0.4%, NDLS +0.4%, CR +0.3%, CPA +0.2%, PYCR +0.1%
Companies trading higher in after hours in reaction to news: HMPT +16.8% (COOP to acquire HMPT), NEWT +2.7% (to delay 10-Q filing), ADEA +2.1% (TVStorm renews license for Adeia's media IP portfolio), BNTX +1.4% (MTNB says study of mRNA delivery did not demonstrate preclinical activity; collaboration deal has concluded), JWN +0.4% (names new CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SONO -19.2%, CDNA -9.1% (also files mixed shelf securities offering), DM -8.5% (also files for 444,793 share offering by selling shareholders), BLFS -8.1% (also exploring strategic alternatives for CBS and Stirling), GDEN -6%, VUZI -5.7%, DIS -4.3%, PAR -2.2%, HPK -2.1%, MFC -1.9%, RIOT -1.9%, CRSR -1.7%, DOX -1.4%, NTR -1.3%, COOK -1.2%, MARA -0.9%, FLEX -0.1%
Companies trading lower in after hours in reaction to news: TSLX -4% (launches 4.5 mln share offering), HLMN -3.2% (stock offering by selling shareholder), REXR -2.5% (13.5 mln share offering), BELFB -1.7% (files $250 mln mixed shelf securities offering), IRT -1.5% (increases dividend), TTCF -1.4% (to delay 10-Q filing), CDZI -1.3% (stock offering by selling shareholders), SST -1% (to delay 10-Q filing), EQNR -0.2% (awards two major contracts for the BM-C-33 project in Brazil), ACI -0.1% (KR is committed to legal fight if deal for ACI is blocked, according to Bloomberg)