After Hours Summary: Busy earnings session, JWN +35.3%, SOFI +22%, SGMS +14.4%, CDLX +11.6%, ZIP +11.3% on upside; AKA -20.5%, CERT -15.7%, FSLR -13.9% on downsideAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: JWN +35.3%, SOFI +22%, SGMS +14.4% (also to be rebranded as "Light & Wonder"; also expects to significantly de-lever; also authorizes $750 mln share buyback), CDLX +11.6%, ZIP +11.3% (also announces $100 mln share repurchase authorization), ARLO +10.8%, PLBY +10.8%, JAMF +10.1%, ROST +9.4% (also authorizes $1.9 bln for share repurchases; increases dividend by 9%), RGNX +7.9%, WW +7.2%, ORGO +6.2%, DOMO +5.1% (also CEO Josh James steps down; names John Mellor as CEO), PETQ +5%, RPAY +4.5%, CRM +3.8%, URBN +3.4%, HPE +2.3%, BROS +0.5%, PRCH +0.3%, SWX +0.1% (also to separate Centuri Group from company)
Companies trading higher in after hours in reaction to news: SNDX +18% (provides clinical update; enrollment remains on track for SNDX-5613 and axatilimab; topline data expected starting in 1H23), AMRX +2.3% (FDA approves BLA for filgrastim-ayow), DXCM +1.2% (FDA grants Breakthrough Device Designation for Dexcom CGM for hospital setting), MPC +0.6% (forms JV with Neste for Martinez renewable fuels project), HAL +0.2% (opens oilfield specialty chemical manufacturing reaction facility in Saudi Arabia), VVI +0.1% (promotes Derek Linde to COO), AMG +0.1% (files mixed securities shelf offering), MCO +0.1% (stock offering), PRI +0.1% (files mixed securities shelf offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AKA -20.5%, CERT -15.7%, CCXI -14.6%, FSLR -13.9%, PTRA -13.7%, VUZI -10.8%, INO -10.2%, CELH -9.7%, INSG -6.5% (also Ashish Sharma named CEO, Dan Mondor to become Exec. Chairman), CARA -6.1% (also files for $300 mln mixed securities shelf offering), WISH -5.7%, SRPT -4.8%, PRPL -3.7%, GO -3.4%, BGS -2.4%, HCAT -2.1%, DIBS -1.8% (also names new CFO), PRTS -1.3%, GRWG -1.1%, AMC -0.8%, PLUG -0.2%
Companies trading lower in after hours in reaction to news: KPTI -22.1% (provides regulatory update for selinexor; receives feedback that top-line results from SIENDO study are unlikely to support sNDA approval), HOOK -18.3% (common stock offering and convertible preferred offering), ADV -5.3% (CEO retires), SCPL -0.6% (acquires mobile game developer Alictus), LECO -0.6% (acquires Kestra), AHT -0.4% (files for $300 mln mixed securities shelf offering)