After Hours Summary: DIS +6.5% on earnings and will launch ad-supported tier for Disney+; SONO -18.6%, RRGB -16.4%, BMBL -12.3%, APP -10.7% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VCSA +31.6%, MTTR +14.6%, NOTV +12.4%, ENVX +11.4%, DIS +6.5% (also will launch ad-supported tier for Disney+ on Dec. 8; also ups prices for no-ads options), AOSL +6.4%, VZIO +5.3%, ACHR +5.2%, CACI +4.9%, STKL +4.1%, BROS +3.3%, DHT +3%, CPNG +2.7%, ACVA +2.1%, FNV +1.5%, PAAS +0.6%, MFC +0.3%
Companies trading higher in after hours in reaction to news: ENVX +11% (awarded follow-on US Army contract), NTRA +4.5% (files pre-submission to FDA for its Panorama non-invasive prenatal test), GPRK +3.5% (increases dividend), NL +1.4% (special dividend of $0.35/sh), DCPH +1.2% (announces publication of INTRIGUE Phase 3 study of QINLOCK), AB +0.6% (reports July AUM), HY +0.2% (CFO to retire), COIN +0.1% (being investigated over staking programs, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SONO -18.6% (also CFO to step down, names new CFO), RRGB -16.4%, BMBL -12.3%, APP -10.7%, MQ -9.1%, ENS -5.6%, COOK -5%, AKA -4.4%, AVT -2%, STAA -1.6%
Companies trading lower in after hours in reaction to news: ATNX -37.8% (commences stock offering), CERE -9.5% (commences $250 mln stock offering), MAIN -3.9% (commences $50 mln stock offering), AXON -3.2% (names new CFO), BNL -3% (commences 13 mln share offering; also provides update on Q3 acquisitions activity), LNDC -2.9% (rebrands as Lifecore Biomedical, names new CEO), KRG -2.8% (increases dividend), BTBT -1.8% (stock offering), AAPL -0.2% (inks agreement with Futuro Studios to add original content to its Podcasts app, according to Bloomberg), MSFT -0.2% (laying off hundreds of contracted recruiters and talent acquisition staff, according to Business Insider), WBX -0.1% (acquires COIL Inc, an EV charging installation service), EVGO -0.1% (files for $750 mln mixed securities shelf offering; also stock offering)