After Hours Summary: CRDO +29.8% surging on earnings; ZS -8% down big on earnings, MCHP -3.3%, HON -2.3% slipping on guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CRDO +29.8%
Companies trading higher in after hours in reaction to news: JANX +53.2% (doses selected for Phase 1b trials), RYN +3.9% (special dividend), PTLO +2.3% (appoints new COO), IONQ +2.2% (unveils quantum OS), NDAQ +1% (November volumes), BWXT +1% (award from U.S. DOE), OSK +0.9% (appoints new CFO), COMP +0.8% (partnering with multiple entities), NARI +0.2% (JV in China with 6 Dimensions Capital), SLB +0.2% (completes construction of carbon capture plant), CIGI +0.2% (to partner with MG2 Corp), AFL +0.1% (dividend increase), RTX +0.1% (awarded $1.31 bln U.S. Navy contract mod), THG +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TMDX -8.9% (narrows guidance; names new CFO), ZS -8%, CLSK -4.6% (to delay 10-K filing), MCHP -3.3%, HON -2.3% (guidance; strategic agreement with Bombardier), SJM -0.5% (closing of transaction to divest Voortman business; updates FY25 revenue guidance)
Companies trading lower in after hours in reaction to news: INDI -14.4% ($175 mln convertible notes offering), KRRO -6.5% ($400 mln mixed shelf), AS -3.1% (stock offering), RVMD -2.7% ($600 mln stock offering), JSPR -2.3% (first patient dosed in ETESIAN Clinical Study), JOBY -2% (CFO to resign), CNTX -1.9% ($75 mln common stock offering), BILL -1.8% ($1.0 bln convertible senior notes), PESI -1.7% ($100 mln mixed shelf), NGNE -1.7% (stock offering), TSLA -1.6% (Elon Musk's pay package rejected by judge, according to Bloomberg), RCAT -1% (leadership changes), BW -0.5% (names new CFO and COO), LRCX -0.3% (comments on export regulations), RM -0.3% ($30 mln repurchase plan and 2025 growth expectations), CGC -0.3% (provides update on closing timeline regarding Acreage), GM -0.2% (to sell stake in battery cell plant, according to CNBC), AMZN -0.1% (Comcast moves 5G wireless core network to AWS; new data center components)