After Hours Summary: Busy earnings session: MSFT +7.8%, META +5%, TTMI +12.9%, ALGN +11% on upside; OLO +12.2% on Bloomberg report it's exploring a potential sale
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TTMI +12.9%, ALGN +11%, MAX +10.3%, NTGR +9.9%, RSI +9.3%, TNDM +8.4%, MSFT +7.8%, DLX +7.7%, MGY +7.4%, FORM +6.6%, CNMD +5.6%, WEX +5.5%, CHRW +5.3%, AEIS +5%, META +5%, WAY +4.9%, GH +4.8%, SPOK +4.6%, VAL +4.1%, ALKT +4%, MGM +3.9%, MCW +3.4%, MYRG +3%, NYMT +2.9%, CACC +2.6%, TS +2.5%, CGNX +2.2% (also names new CEO), EQIX +2.2%, HLF +1.9%, HOOD +1.9% (also increases buyback program by $500 mln), MTG +1.9%, CTSH +1.7%, HST +1.3%, MEOH +1.3%, UDMY +0.9%, MAA +0.8%, PTC +0.7%, SCI +0.7%, VICI +0.6%, RYI +0.5%, NLY +0.5%, CNXN +0.4% (also increases share repurchase authorization by $50 mln), BE +0.3%, GFL +0.3%, AX +0.2%, WHD +0.2%, AM +0.1%, AWK +0.1%, IRT +0.1%, VTR +0.1%
Companies trading higher in after hours in reaction to news: OLO +12.2% (exploring a potential sale, according to Bloomberg), J +4.8% (approves special dividend of AMTM stock), NVDA +4% (positive AI infrastructure comments from META; also MSFT provided bullish Azure guidance), BKV +3.4% (BKV to develop carbon capture projects at two of CRK's facilities), AMZN +3.2% (investing $4+ bln to expand rural delivery network), WOLF +2.4% (CFO to step down), KREF +1.4% (files for $750 mln mixed securities shelf offering; files for offering by selling shareholders), UAMY +1.2% (completes review of its expansion plans), HII +0.8% (wins US Navy contract modification), VICI +0.6% (files mixed securities shelf offering), NVO +0.6% (NEJM publishes Phase 3 trial of semaglutide), TWI +0.3% (expands production rights for Goodyear brand), GSK +0.2% (reports data on Nucala), POOL +0.1% (increases dividend, increases share buyback authorization to $600 mln), NBHC +0.1% (increases dividend), ATKR +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CFLT -10%, PPC -8.2%, AGI -6.9%, GKOS -6.7%, TFSL -6%, QCOM -5.8%, ICLR -4.9%, CTOS -4.6%, AVB -4.1%, GL -4%, CDNA -3.7%, COKE -3.5%, AMCR -3.3%, SNBR -3.2%, OPK -2.9%, CWEN -2.8% (also increases dividend), MKL -2.8%, FTAI -2.4%, MDXG -2.3%, RYN -2.2%, MET -2% (also authorizes new $3 bln share repurchase program; also announces deal with Talcott to reinsure $10 bln), AXS -1.9%, KLAC -1.7% (also increases buyback program by $5 bln, also increases dividend), TDOC -1.7% (also acquires UpLift), CRK -1.5%, MATW -1.4%, CMPR -1.3%, HCC -1.2%, TNC -1.2%, BNL -1.1%, ALB -1%, BHC -0.9%, TROX -0.9%, INVH -0.8%, CP -0.7%, EG -0.7%, SFM -0.6%, CAKE -0.5%, EBAY -0.5% (also names new CFO), ENVX -0.5%, THG -0.5%, AFL -0.3%, AR -0.3%, AIN -0.1%, ALL -0.1%, ASH -0.1%, OTEX -0.1% (also expands Business Optimization Plan)
Companies trading lower in after hours in reaction to news: ESEA -5.9% (to delay 20-F filing), SEI -3.1% (convertible notes offering), CSX -1.6% (secures ratification of new labor deals), CRK -1.5% (BKV to develop carbon capture projects at two of CRK's facilities), ASPI -1% (files for $100 mln mixed securities shelf offering), CTGO -0.1% (provides corporate update)