After Hours Summary: CCS +10%, RRR +8% rise while FB -23%, SPOT -10% fall on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CCS +9.7%, RRR +8.4%, SKY +8.2%, TMUS +7.9%, MCK +5.6%, DXC +3.0%, MTG +2.2%, AVNW +1.6%
Companies trading higher in after hours in reaction to news: FLEX +11.3% (to sell $500 mln of convertible preferred equity in Nextracker to TPG Rise Climate), SYRS +10.4% (FDA grants orphan drug designation for tamibarotene)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FB -23.1%, SPOT -9.9%, RRX -7.2%, CTVA -7.1%, LSPD -7.1% (also announced CEO transition), NTGR -7.0%, QRVO -6.0%, LNC -4.5%, AFL -4.2%, OMF -3.9% (also raises dividend by 36% and announces new $1 bln share repurchase program), YELL -3.5%, QCOM -2.4%, CTSH -2.1%, ALGN -1.7%, SITM -1.7%, OHI -1.4%, HOLX -1.1%
Companies trading lower in after hours in reaction to news: DAVE -3.7% (stock offering), CX -1.8% (co and Synhelion announce breakthrough in cement production with solar energy), NDAQ -1.3% (reports January metrics)