After Hours Summary: FIG +10.2%, BOOT +9.3%, GLOB +4.5%, AMAT +1.8% higher on earnings; PZZA +8.5% on Reuters M&A report; AARD -17.5% as FDA places full clinical hold on ARD-101
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GEMI +16% (also receives $100 mln strategic investment from Winklevoss Capital), FIG +10.2%, BOOT +9.3%, YSS +7.8%, STNE +7%, GLOB +4.5%, SPCE +2.1% (also mixed securities shelf offering), AMAT +1.8%
Companies trading higher in after hours in reaction to news: PZZA +8.5% (largest US franchisee joins Irth Capital's bid to take co private, according to Reuters), ZYME +3.5% (authorizes new $125 mln share repurchase program), WEX +2.9% (authorizes $1 bln share repurchase program; also names new Chair of the Board), AWK +2% (Ohio regulator approves merger), ACM +1.7% (CEO and CFO disclose insider purchases), SHOP +1.6% (Thrive Capital (Joshua Kushner) makes $100 mln investment, according to Bloomberg), ASPN +1.4% (begins staged restart of East Providence facility), LAR +0.6% (receives RIGI approval for Cauchari-Olaroz Stage 2 expansion), SMID +0.4% (to delay 10-Q filing), MSA +0.2% (names new Chair of the Board), GVA +0.1% (Alaska contract win)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: KULR -8.4%, KLC -8.2%, EGAN -8%, CV -7.4%, ELVA -6.4%, HTFL -6.3%, XNDU -6.2% (also has entered into discussions for up to $285 mln in funding from govts of Canada and Ontario), RUM -5.1%, DLO -4%
Companies trading lower in after hours in reaction to news: AARD -17.5% (FDA places full clinical hold on NDA for ARD-101), BW -6.9% (commences $200 mln stock offering), NEOV -5% (names new CFO), PESI -3.3% (commences stock offering), AAOI -2.3% (enters equity dist agreement for up to $600 mln of common stock), PNRG -1.4% (to delay 10-Q filing), VELO -1.4% (stock offering by selling shareholders), MSFT -0.4% (begins cancelling Claude code licenses, according to The Verge), SNOW -0.2% (ZETA joins SNOW to spearhead Open Semantic Interchange), GIII -0.1% (with WHP Global as partner, will acquire Marc Jacobs brand)