After Hours Summary: ESTC +22.1%, GAP +15.1%, ROST +7.3%, NTAP +5.7% higher on earnings; INTU -5.4% lower on earnings; TPL +5.6% on news it will join S&P 500
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ESTC +22.1% (also CFO and COO Janesh Moorjani to depart), GAP +15.1%, MATW +11.1%, ROST +7.3%, NTAP +5.7%
Companies trading higher in after hours in reaction to news: REPL +21% (receives Breakthrough Therapy Designation for RP1 and submits RP1 BLA), AESI +7.5% (to join S&P SmallCap 600), TPL +5.6% (to join S&P 500), ORN +4.2% (three contract awards valued at $111 mln), DDS +2.3% (declares special dividend of $25/sh), MYE +2% (names new CEO), AMRX +2% (resubmits DHE Autoinjector NDA and receives FDA approval of exenatide), NGNE +2% (participant in Phase 1/2 trial for Rett syndrome who was previously reported to be in critical condition, has died), PTGX +1.9% (announces nomination of PN-881 as development candidate), SF +1.7% (reports Oct data), ZVRA +1.3% (US commercial availability of MIPLYFFA), MDU +0.9% (to make capital investments totaling $3.1 bln from 2025-29), CBRE +0.5% (authorizes new $5 bln share repurchase program), BN +0.4% (The Kolter Group introduces a strategic partnership between Kolter's land business and Brookfield Residential's Land development group), OII +0.3% (names new COO), NOA +0.2% (NOA JV won a civil construction contract), LDOS +0.2% (awarded $670 mln U.S. Army contract), WULF +0.1% (names new COO), JNJ +0.1% (Health Canada authorizes CARVYKTI for multiple myeloma)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LGTY -12.5%, INTU -5.4%, UGI -1.6%, NGVC -0.8% (also increases dividend)
Companies trading lower in after hours in reaction to news: BTDR -9.3% (proposed private placement of $360 mln convertible notes), ABL -4.8% (12.5 mln share offering), PGY -1.4% (stock offering by selling shareholders), SLG -1.1% ($400 mln share offering; also files mixed shelf securities offering), MLI -1% (to move to S&P MidCap 400 from S&P SmallCap 600), GOOG -0.6% (OpenAI (MSFT) mulls battling Google with its own browser, according to The Information), STEL -0.1% (increases dividend), BA -0.1% (awarded $2.39 bln U.S. Air Force contract modification; also awarded $1.68 bln U.S. Navy contract modification; Bell Boeing Joint Project Office awarded $600 mln US D.L.A. modification)