After Hours Summary: DIS +2.9%, APP +23.2%, SONO +10.2%, ALRM +9.8%, WYNN +1.7% higher on earnings; STKL -20.9%, MGNI -15.2%, ILMN -6.1%, TTD -3.9% lower on earnings; KVUE +1.7% to join S&P 500After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: APP +23.2%, SONO +10.2%, ALRM +9.8%, CPRX +5.2%, AOSL +4.9%, KGS +4.7%, ADMA +4.4%, BLBD +3.9%, DIS +2.9% (also to boost Disney+ and Hulu prices; also to launch ad-supported offering in several countries across Europe and Canada), LAW +2.9%, CENX +2.9%, JAZZ +2.8% (also resumes repurchases under previous program), ODD +2.7%, AVPT +2.4%, MFC +2.2%, BBDC +2.1%, VSAT +2%, PLRX +2%, OR +1.9%, WYNN +1.7%, TTEK +1.5%, ONL +1.2%, NDLS +1.1%, CARG +0.9%, CDE +0.6%, CPA +0.5%, PAAS +0.1%
Companies trading higher in after hours in reaction to news: YELL +12.4% (got alternative financing offers, according to Bloomberg), DWAC +9.3% (reaffirms commitment to merger), SABR +4.7% (several executives disclose insider purchases), KVUE +1.7% (to join S&P 500), BEN +1.4% (reports July AUM), LAZR +1% (stock offering by selling shareholders), MRTX +0.5% (Cancer Discovery publishes data for MRTX1719), CANO +0.3% (reschedules Q2 earnings), SILV +0.2% (to repurchase ~5% of shares)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ORGN -51%, ORGO -38.9% (also withdraws FY23 guidance), STKL -20.9%, MGNI -15.2%, PRPL -12.5%, BRP -6.5%, ILMN -6.1%, G -5.9%, PLUG -5.9%, TASK -5.8%, DNA -5.7%, INFN -5.1%, PAR -5.1%, TTD -3.9%, QNST -3.8%, PLBY -3.6%, UHAL -2.9%, CERT -2.5%, ETNB -1.8%, HROW -1.5%, OEC -1.5%, CACI -1.4%, RIOT -1%, CLNE -0.2%, ENS -0.1% (also increases dividend), CNNE -0.1%
Companies trading lower in after hours in reaction to news: INVZ -15.3% ($60 mln stock offering), INFN -5.1% (files $100 mln convertible senior notes; files mixed shelf securities offering), BXSL -4.6% (6.5 mln share offering), ENVX -4.1% (files $1 bln mixed shelf securities offering), ARMK -2.6% (stock offering), DOCN -2.3% (to delay its 10-Q), FLYW -2.3% ($250 mln stock offering; also files mixed shelf securities offering), ATSG -2.2% (to offer $350 mln in convertible notes), MRUS -2% (stock offering), SPNT -1.6% (enters standstill agreement with Dan Loeb), BLNK -0.9% (received SEC subpoena relating to various matters), CHRD -0.8% (CFO sold 7632 shares ), MRCY -0.7% (completes delivery of processing hardware for US Army radars), TGI -0.6% (to delay its 10-Q)
