After Hours Summary: FDX -3.1%, LZB -5.7% lower on earnings; ABR +7.9% higher on news it will join S&P SmallCap 600After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VTOL +0.4%
Companies trading higher in after hours in reaction to news: PCT +9.4% (commences PIR pellet production at Ohio plant), ABR +7.9% (to join S&P SmallCap 600), NPWR +3.5% (CEG discloses 35.3% stake in NPWR), EXAS +2.8% (releases colorectal data for next-gen Cologuard test; plans to complete FDA submission by end of 2023), OTLY +2.8% (OTLY partners with THCH to launch oatmilk latte product line), MDXG +2.6% (announces strategic realignment; provides FY23 sales targets), FULT +2.1% (increases dividend), PODD +2% (announces commercial launch of Omnipod 5 in UK), AIG +1.3% (makes interim CFO as permanent CFO), SWK +1% (SEC settles charges), THCH +0.7% (OTLY partners with THCH to launch oatmilk latte product line), CEG +0.4% (CEG discloses 35.3% stake in NPWR), V +0.3% (names new CFO), E +0.3% (nearing $5 bln deal for oil and gas explorer Neptune Energy, according to Bloomberg), DIS +0.2% (Ryan Murphy to leave NFLX for DIS, according to Bloomberg), DM +0.2% (offering by selling shareholders)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LZB -5.7%, FDX -3.1% (also CFO to retire)
Companies trading lower in after hours in reaction to news: MSGE -5.1% (files for 5.25 mln share offering by selling shareholder), OKE -1.1% (files mixed shelf securities offering), UPS -1% (in sympathy with FDX earnings), CTLT -0.3% (names new CFO), NFLX -0.1% (Ryan Murphy to leave NFLX for DIS, according to Bloomberg), XPO -0.1% (in sympathy with FDX earnings)