After Hours Summary: CHGG +9.2%, TDC +7.1% higher on earnings; VLDR +70.3% jumps as it issues warrants to AMZN; SLQT -35.7%, SPG -2.6%, TTWO -2.3% fall on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CHGG +9.2%, TDC +7.1%, ACLS +2.2%, ACM +0.9%, LEG +0.4%, DHT +0.2%, PDM +0.2%, DAC +0.2% (also increases quarterly dividend 50% to $0.75/sh), SSD +0.1%, VRNS +0.1%, TFII +0.1%
Companies trading higher in after hours in reaction to news: VLDR +70.3% (issues warrants to AMZN, allwoing AMZN to acquire up to 39.6 mln shares), BOWL +4.7% (approves $200 mln share and warrant repurchase program), AXSM +3.2% (provides update regarding AXS-07 program), ALGN +1% (settles patent litigation with 3Shape A/S), NRP +0.9% (DEN and NRP enter into CO2 sequestration agreement), GD +0.7% (awarded $229 mln US Army contract), BIIB +0.2% (announces commercialization and license agreement with Xbrane Biopharma for biosimilar referencing CIMZIA), NETI +0.1% (signs new contract award for Seajacks), GKOS +0.1% (names new COO), AAPL +0.1% (acquires startup AI Music, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SLQT -35.7% (faced a series of unexpected challenges in its core Senior segment), SPG -2.6%, TTWO -2.3%, ASTE -1.1%, AMGN -0.9%, AOSL -0.6%, KMT -0.1%, NUAN -0.1%
Companies trading lower in after hours in reaction to news: EHTH -9.3% (in sympathy with SLQT earnings miss), EDIT -6.8% (terminates CMO), RTX -2.1% (three senior execs in missiles division have departed, according to Bloomberg), FB -0.3% (Peter Thiel to step down from board at next shareholder meeting), TGI -0.3% (awarded new contract with Airbus for primary thermal acoustic system on A220 aircraft), AIR -0.2% (announces 10-yr extension of component MRO agreement with Intl Aerospace Mgmt), NVST -0.1% (renews commercial partnership with Vitaldent Group), HOMB -0.1% (purchases marine loan portfolio for approx. $238 mln)