After Hours Summary: CDNA +16.0%, RIVN +6.4%, MDLZ +5.6%, REAL +4.9%, RKT +4.4%, OSIS +4.4%, KWR +4.4% higher on earnings; ATEC -30.1%, INTC -21.3%, RDDT -17.9%, RBLX -17.0%, TWLO -15.9%, DXC -12.8%, ILMN -11.7% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance:CDNA +16.0%, RIVN +6.4%, MDLZ +5.6%, REAL +4.9%, RKT +4.4%, OSIS +4.4%, KWR +4.4%, ATR +4.4%, WTW +4.1%, MTX +3.5%, FDXF +3.4%, MIAX +3.0%, GILD +3.0%, CNO +2.9%, XEL +2.1%, KYMR +1.9%, SXI +1.9%, DASH +1.9%, XRX +1.8%, FHI +1.7%, PATK +1.6%, MPT +1.6%, ICE +1.6%, DXCM +1.6%, ALNY +1.6%, LIN +1.5%, OLN +1.5%, SPXC +1.5%, BG +1.4%, COLM +1.3%, HSY +1.1%, MRK +1.0%, INCY +1.0%, LGND +1.0%
Companies trading higher in after hours in reaction to news:SSTK +6.0% (Appointed founder Jon Oringer CEO and Envato chief Hichame Assi president and COO while evaluating strategic priorities.), SYM +1.6% (Expands Walmart commercial agreement to automate 25 U.S. distribution centers, backed by an initial $6 billion commitment.), NSC +1.2% (Secured Schneider as its primary eastern rail provider under a strategic agreement expanding domestic intermodal capacity.)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance:ATEC -30.1%, INTC -21.3%, RDDT -17.9%, RBLX -17.0%, TWLO -15.9%, DXC -12.8%, ILMN -11.7%, SYK -11.7%, PINS -10.5%, ALHC -10.2%, DVA -8.4%, PFSI -8.4%, COUR -6.7%, AMZN -6.0%, BFAM -5.9%, FND -4.6%, WKC -4.6%, SPSC -4.4%, PGY -4.1%, ENTG -4.0%, BAND -4.0%, MTZ -3.6%, COIN -3.5%, MSTR -3.4%, SKYW -3.1%, STM -2.9%, FMC -2.9%, SNDK -2.8%, MPWR -2.6%, ALGM -2.4%, FTAI -2.2%, FSLR -2.2%, EMN -2.1%, AOS -2.0%, MNRO -2.0%, STGW -1.9%, SBUX -1.8%, RYAN -1.7%, PWR -1.6%, FVRR -1.1%
Companies trading lower in after hours in reaction to news:SEER -7.2% (Rejected two unsolicited buyout proposals, concluding they undervalued the company, and opted to remain independent.), CRCL -4.2% (Froze over 800 million USDC associated with a potential Binance exploit it is tracking.), WOLF -3.7% (Commercially launched proprietary transparent silicon carbide technology for AR/VR and quantum computing applications.), PENN -1.6% (Loses finance and treasury SVP Mike Nieves, who will become Summit Hotel Properties’ CFO.), NOW -1.4% (Reported quarterly results that disappointed investors.), PRTA -1.4% (Loses eligibility for $617.5 million in PRX019 milestones and royalties as Bristol Myers terminates the global license.)