After Hours Summary: DIS +5.7% higher on earnings and several announcements; ARM +27.8%, OSCR +23%, CFLT +20%, BLBD +10.4%, MPWR +8.5% higher on earnings; ACLS -7.5%, RPD -7.5%, PAYC -7.1%, PYPL -7.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ARM +27.8%, OSCR +23%, CFLT +20%, BLBD +10.4%, MPWR +8.5% (also acquires Axign B.V.; also increases dividend), RRR +5.9% (also declares $1/sh special dividend), DIS +5.7% (also to invest $1.5 bln in Epic Games; also increases dividend by 50%; announces new share repurchase program; also to make full suite of ESPN channels as standalone digital platform in fall 2025), WMG +5% (also launches plan to achieve $200 mln in annual savings ), UTI +4.2%, CSGS +3.8% (also increases dividend), WYNN +3.4%, CPA +3.1%, VKTX +2.9%, RDN +2.3%, PDM +1.9%, CENT +1.6%, NFG +1.3%, OHI +1.2%, ALL +0.9%, KN +0.5%, TTGT +0.3%, EGP +0.1%, MMS +0.1%, MUSA +0.1%, STC +0.1%
Companies trading higher in after hours in reaction to news: ACTG +6.5% (licensing and settlement agreements relating to its WiFi-6 patent portfolio), SNPS +1.2% (mulling selling its software business according to Bloomberg), ALK +1.1% (ALK and HA receive second request from DOJ), KD +1% (expands partnership with Google Cloud), HA +0.6% (ALK and HA receive second request from DOJ)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: APPS -15.9%, GPRO -9%, QLYS -8.6% (also increases buyback auth by $200 mln), ACLS -7.5%, RPD -7.5%, PAYC -7.1% (also names new Co-CEO; also to expand in UK), PYPL -7.1% (also sees shares repurchases of at least $5 bln in FY24), AZTA -5.6%, FORM -5.6%, NVST -5.4%, UHAL -5%, CMP -4.9% (also terminates lithium brine project in Utah), ORLY -3.9%, EG -3.6%, CXW -3.5%, MKSI -3.3%, ENS -3.2%, MCK -3.1%, EFX -2.9%, FLNC -2.1%, MOH -1.4%, PYCR -1%, COTY -0.6%, STE -0.5%, MAA -0.2%, BKH -0.1%, HMN -0.1%
Companies trading lower in after hours in reaction to news: SANA -6.6% (commences $125 mln stock offering), SNAP -1.2% (files mixed shelf securities offering), GTN -1% (issues statement relating to DIS FOX WBD stremaing service), UNH -0.7% (COO to retire), RKLB -0.2% (sets launch window), XOM -0.1% (PXD receives shareholder approval for merger with XOM), COST -0.1% (reports Jan comps)