After Hours Summary: FDX +5.5% nicely higher on earnings, UPS +2.6% trades higher in sympathy; SCHL -11.5% sharply lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FDX +5.5%
Companies trading higher in after hours in reaction to news: MPTI +6.5% (awarded production contract from US DoD prime contractor), UPS +2.6% (in symptahy with FDX earnings; also terminates plan to acquire Estafeta), NNBR +2.5% (Chinese government approves continuation of joint venture), IEX +1.6% (increases share repurchase program), YOU +1.2% (Co and DocuSign (DOCU) announce new identity verification solution), JXN +1.1% ($1 bln increase to share repurchase program), COHU +1% (exclipse platform chosen for next generation AI computing devices), GNW +0.9% (authorizes new $350 mln share repurchase program), STTK +0.9% (stock offering by selling shareholders), KFY +0.8% ($250 mln increase to share repurchase program), TTAN +0.6% (to acquire Conduit Tech), TT +0.3% (launches AI Control and ARIA), DOCU +0.2% (Co and CLEAR (YOU) announce new identity verification solution), INCY +0.2% (additional FDA approval of Opzelura), MGM +0.1% (appoints new COO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCHL -11.5%, HESM -0.4%
Companies trading lower in after hours in reaction to news: OLN -1.4% (to end joint venture with Mitsui & Co.), AMPH -1.4% (contract research agreement with Nanjing Hanxin Pharma), GEVO -1% (deal with Biocero to accelerate carbon credit offtake and business expansion), COHR -0.4% development of molded 2D lens array), TXN -0.1% (increases dividend), WPC -0.1% (increases dividend)