After Hours Summary: FFIV +14.4%, NXT +13.6% higher on earnings; MANH -23.6%, LC -21.1%, QRVO -4.8% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FFIV +14.4%, NXT +13.6%, UMBF +3.6%, LRN +3.4%, RNST +3.3%, AX +1.4%, LOGI +1.2%, RNR +0.9%, HLI +0.5%, CB +0.4%
Companies trading higher in after hours in reaction to news: HAFC +3.5% (increases dividend), SYNA +3.1% (SYNA accelerates Edge AI strategy by signing licensing agreement with AVGO), NOG +2.6% (increases dividend), ZNTL +2.1% (to restructure operations and R&D, expects 40% workforce reduction), SEDG +1.8% (in sympathy with strong NXT earnings), FSLR +1.3% (in sympathy with strong NXT earnings), DHX +1.2% (adopts shareholder rights plan), ENPH +1% (in sympathy with strong NXT earnings), RUN +0.8% (in sympathy with strong NXT earnings), KSS +0.6% (cuts 10% of its corporate workforce, according to WSJ), BDX +0.4% (authorizes new 10 mln share repurchase program), MRVI +0.2% (to acquire I.P. assets from Molecular Assemblies), CLX +0.1% (CFO to retire, names new CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MANH -23.6%, LC -21.1%, QRVO -4.8%, PKG -4.5%, BXP -3.6%, LFUS -3.1%, NRIX -1.1%, SYK -0.8% (also to sell its US spinal implants business; also CFO to retire), SBUX -0.5%, ASH -0.3%, PFS -0.1%
Companies trading lower in after hours in reaction to news: SF -1.3% (increases dividend), CSGP -0.9% (partnership with Chandler Garvey), CP -0.5% (reaches labor agreement with union), SPGI -0.5% (increases dividend), AVGO -0.4% (SYNA accelerates Edge AI strategy by signing licensing agreement with AVGO), VALE -0.2% (reports FY24 iron ore production)