After Hours Summary: CSCO -7.1%, ROL -14.7%, QS -11.6%, PAYC -7.6%, INSP -7.3% lower on earnings; FSLY +32.5%, CGNX +23.9%, PRCH +18.9%, MH +18.3%, EQIX +9.9% higher on earnings; NVCR +56.8% as FDA approves Optune Pax; coal stocks strong;
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FSLY +32.5%, CGNX +23.9% (also increases share repurchase authorization by $500 mln), PRCH +18.9%, MH +18.3%, EQIX +9.9% (also increases dividend), VKTX +8.6%, AR +3%, PRI +2.9% (also new $475 mln share buyback program; increases dividend), CXW +2.8%, MSI +2.8%, WTS +2.8%, CW +2.3%, HUBS +1.8% (also authorizes new $1 bln share repurchase program), SLF +1.7%, SAFE +1.6%, RYN +0.7%, AM +0.3%, ASND +0.2%
Companies trading higher in after hours in reaction to news: NVCR +56.8% (FDA approves Optune Pax), MMS +4.6% (CEO/President discloses purchase of 3,175 shares worth $249K), BTU +4.2% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), CNR +2.5% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), HCC +2.4% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), NAVN +2.3% (names new CFO), ARLP +2.1% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), METC +1.8% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), AMR +1.4% (President Trump to direct DoE to issue funds to coal plants; also directs Pentagon to purchase electricity from coal-fired power plants), AIR +1.1% (names new CFO), FLR +0.8% (awarded contract by LEU), AB +0.5% (reports January AUM), MELI +0.5% (forms commercial partnership with Assaí, according to Reuters), LUV +0.3% (brings Starlink ultra-fast wifi onboard), TPG +0.2% (TPG and JXN launch strategic partnership), BIIB +0.2% (names new Chair of the Board)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ROL -14.7%, QS -11.6%, VNDA -9.7%, TYL -7.7%, PAYC -7.6%, INSP -7.3%, CSCO -7.1% (also increases dividend), GRAB -7.1% (also to acquire Stash Financial; also authorizes new $500 mln share repurchase program), FBRT -6.6%, PPC -6.5%, NE -6.1%, APP -6%, NBR -5.9%, QTWO -5.5%, ALMU -5.2%, QDEL -4.9% (also CFO to retire), DAR -3.5%, NBIX -3.2%, ALB -3.1% (also will idle Train 1 at its Kemerton lithium hydroxide processing plant), CRK -2.6%, LPTH -2.6%, WCN -1.8%, AUR -1.8%, CPA -1.7%, SCI -1.6%, CXT -1.2% (also increases dividend), LEG -1.2%, MCD -0.4%, MFC -0.4% (also increases dividend; also new NCIB program that permits repurchase of 2.5% of shares), CFLT -0.2%, IRT -0.2%, AEE -0.1%
Companies trading lower in after hours in reaction to news: NRGV -17.5% ($125 mln convertible notes offering; also provides guidance), ASTS -10.2% ($1 bln of convertible notes offering; also proposed repurchases of up to $300 mln convertible notes), WRN -5.2% (C$50 mln bought deal financing), BMM -3.9% (advances four core assets), CMS -0.9% (files mixed securities shelf offering), SWKS -0.8% (QRVO and SWKS shareholders approve merger), GLUE -0.5% (files mixed securities shelf offering), GLPI -0.4% (acquires real estate assets of Bally's Lincoln from BALY for $700 mln), PTLO -0.2% (names new CEO), QRVO -0.1% (QRVO and SWKS shareholders approve merger)