After Hours Summary: COUP -28.1% falls sharply on earnings/guidance; WING +3.5% gets a new CEO; ANAB -11.9% and EXEL -4.5% fall on clinical dataAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GTLB +8.6%, WPRT +5.8%, MTN +0.2%
Companies trading higher in after hours in reaction to news: ATSG +4.3% (places second order with Boeing for the conversion of four 767-300 aircraft), LOTZ +3.7% (launches mobile app), WING +3.5% (CEO resigns to become CEO at Salad and Go; WING promotes COO as new CEO), TLYS +1.4% (authorizes new 2 mln share repurchase program), LAUR +1.3% (increases share repurchase program by $50 mln to $650 mln), SMLR +1.1% (authorizes up to $20 mln for stock repurchases), SSSS +1.1% (expands share repurchase program by $15 mln), AVD +0.8% (increases dividend), NLSN +0.4% (WindAcre discloses 9.61% stake)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: COUP -28.1% (also achieves Moderate Authorization from the Federal Risk Authorization Mgmt Program), EVLV -13%, DLO -1.3%, NOAH -0.1%
Companies trading lower in after hours in reaction to news: ANAB -11.9% (reports top-line data from Phase 2 ACORN trial; imsidolimab treatment did not demonstrate improvement over placebo), EXEL -4.5% (announces final overall survival results from Phase 3 COSMIC-312 trial), ATTO -4.1% (exploring options including a sale, according to Bloomberg), CIR -2.4% (co is reviewing third-party inquiries regarding strategic alternatives; also requests 15-day extension to file 10-K), PCTY -2% (promotes Toby Williams to Co-CEO, names Ryan Glenn as CFO, effective immediately), OLN -1.1% (to temporarily curtail epoxy production at facility in Germany), SAND -0.6% (provides asset update), MAX -0.1% (authorizes new $5 mln share repurchase program), IDT -0.1% (acquires Leaf Global Fintech)