After Hours Summary: Busy earnings session; SEZL +31.3%, TPC +20.6%, APP +13.2%, FSLY +5.7%, KD +2.3 higher on earnings; G -15.3%, FTNT -12.1%, ARM -11.1%, SWKS -4% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SEZL +31.3%, TPC +20.6%, MEG +17.4%, LZ +14.5% (also $100 mln increase in share repurchase authorization), APP +13.2% (also to sell mobile gaming business to Tripledot), STKL +12.1%, UTI +11.5%, LEU +11.4%, ACVA +10%, MGNI +10%, GDRX +9.8%, RUN +9.6%, AOSL +9.2%, PBPB +8.8%, EVTC +8.5%, TTEK +8.5%, VAC +8.3%, HCAT +8.3%, MELI +8%, CMP +7.6%, RVMD +7.5%, BMBL +7.3%, ALVO +7.3%, QDEL +7%, DGII +6.8%, FSLY +5.7%, AXON +5.3%, CXW +5.3%, RELY +5.3%, PBI +5% (also increases dividend), ROOT +5%, ESTA +4.8% (also names new CEO), CDE +4.5%, VCYT +4.5%, ECPG +4.2%, MQ +3.9%, CORZ +3.8%, PAAS +3.5%, SDGR +3.5%, PCVX +3.4%, QTWO +3.2%, STR +3.2% (also increases buyback authorization by $300 mln), EE +3.1%, SONO +3.1%, GXO +3%, IIPR +2.9%, SITM +2.9%, KNTK +2.8% (also authorizes new $500 mln share repurchase program), ORA +2.8% (also to sell its Blue Mountain geothermal power facility), HLI +2.7% (also increases dividend), CF +2.4% (also authorizes new $2 bln share repurchase program), CVNA +2.4%, KD +2.3%, MIRM +2.3%, MKSI +2.3%, PAYC +2.2%, GNK +2.1% (also authorizes new $50 mln share repurchase program), HRB +2.1%, LB +2.1%, COHR +1.9%, RBA +1.9%, IONQ +1.7% (also to acquire Lightsynq; also to launch satellite quantum key distribution network), MRUS +1.5%, AMPL +1.4%, FSK +1.4%, UGI +1.3%, AG +1.2%, CW +1.2%, JXN +1.1%, HASI +1%, SNEX +0.9%, EOLS +0.8%, MFC +0.8%, ATO +0.7%, KGS +0.6% (also increases dividend), HHH +0.5%, JOBY +0.5%, RXST +0.3%, WES +0.3%, CPA +0.2%, ESE +0.2%, OXY +0.2%, USPH +0.2%, VRRM +0.2%, SMA +0.2%, ACAD +0.1%, BV +0.1% (also $100 mln share repurchase program), CSGS +0.1%, PRI +0.1%, QGEN +0.1% (also names new chairman; also to seek shareholder approval to initiate a dividend and new $500 mln repurchase)
Companies trading higher in after hours in reaction to news: HNST +8.3% (names new CFO), HUN +2.9% (CEO purchased 42,000 shares), DVAX +2.8% (issues statement to shareholders), CACI +1.2% (awarded additional work by the U.S. Navy), VLRS +1.1% (reports April traffic), LINE +1% (CIO/CTO purchased 4420 shares), WDC +0.7% (names new CFO), X +0.6% (Third Point (Daniel S. Loeb) confirms 5.41% passive stake), TTMI +0.5% (launches five new high-performance radio frequency components), PGRE +0.5% (announces sale of 25% interest in One Front Street), COST +0.2% (reports April comps), EIG +0.2% (CFO purchased 3,050 shares), RNR +0.1% (increases share repurchase auth to $750 mln), MTRN +0.1% (increases dividend), CDNS +0.1% (announces new class of AI processor)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ERII -19.5%, FLNC -18%, G -15.3%, MG -14.8%, FTNT -12.1%, ARM -11.1%, ASLE -10.8%, CLF -9.8%, QNST -9.5%, SEMR -8.6%, STAA -5.2% (also initiates cost controls and restructuring; also withdraws previous outlook), ZG -5.2%, ADMA -5%, OEC -4.5%, BYND -4.3% (also withdraws guidance for FY25), SBGI -4.2%, SLNO -4.2% (also provides update on US launch of VYKAT XR), GT -4%, SWKS -4% (also names new CFO), DOX -3.4%, INFA -3.2%, NTR -3%, HP -2.9%, FNF -2.7%, VIR -2.7%, LILA -2.7%, LNW -2.5%, TNK -2.4% (also declares $1/sh special dividend), CIVI -2.3% (also names new COO), CPK -2.1%, FLUT -1.8%, MUSA -1.8%, PR -1.4% (also to acquire 13,320 net acres from APA), OR -1.2% (also increases dividend), AMC -1.1%, CENX -1.1%, KTOS -1%, FWRD -0.8%, BLBD -0.6%, MUR -0.6%, SNDK -0.6%, APA -0.5% (also to sell 13,320 net acres from PR), BROS -0.5%, CAR -0.5%, RGLD -0.4%, SYM -0.4%, CPRX -0.3%, EPR -0.2%, NATL -0.2%, VECO -0.2%, AWR -0.1%, CXT -0.1%, KAR -0.1%, SITC -0.1%
Companies trading lower in after hours in reaction to news: XGN -16.8% (stock offering), MYGN -0.7% (study published), ECO -0.7% (files for $500 mln mixed shelf offering; also files offering by selling shareholders), VRDN -0.6% (receives FDA Breakthrough Therapy Designation for Veligrotug), VECO -0.2% (received $35+ mln of orders for its AP300 Lithography systems), FHN -0.2% (files mixed securities shelf offering), BCO -0.1% (increases dividend), TKC -0.1% (wins tender)