After Hours Summary: FL +62.6% on WSJ report that DKS -5.1% nearing deal to acquire FL; BOOT +16.6%, CSCO +2.1% higher on earnings; DXC -13.4%, CRWV -6.5%, JACK -4.6% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BOOT +16.6% (also authorizes new $200 mln share repurchase program), TOI +15.2%, DLO +14.9%, IBTA +11.3%, STE +3.5%, NXT +2.7% (also acquires Bentek), CSCO +2.1% (also CFO to retire, names new CFO)
Companies trading higher in after hours in reaction to news: FL +62.6% (DKS nearing deal to acquire FL for approx $24/sh, according to WSJ), EE +2.6% (completes acquisition of NFE's assets and operations in Jamaica), ILMN +2% (CEO and CFO disclose purchases totaling 18,450 shares combined), HTLD +1.9% (sees more insider buying activity), THS +1.8% (10% owner JANA Capital confirms purchase of another 339,000 shares), AMBC +1.7% (CEO disclosed the purchase of 40,000 shares), TXG +1.5% (TXG and BRKR reach settlement of patent litigation), ABCL +0.1% (receives authorization from Health Canada to initiate trial of ABCL635), TAK +0.1% (NEJM publishes data from Phase 2b Trial), MRK +0.1% (FDA approves WELIREG), BAH +0.1% (awarded a $209.9 mln US Air Force task order)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NFE -30.9% (also completes sale of assets and operations in Jamaica), DXC -13.4% (also extends CEO and CFO employment agreements), RCAT -10.4%, CRWV -6.5%, JACK -4.6%, LAZR -1.7% (also names former Nuance exec as new CEO), BZAI -1.1%
Companies trading lower in after hours in reaction to news: DKS -5.1% (DKS nearing deal to acquire FL for approx $24/sh, according to WSJ), GPRK -2.9% (provides update on transaction in Argentina), PNBK -2.2% (files for $250 mln mixed securities shelf offering), IRT -1.3% (increases dividend), RUM -0.4% (David Boies joins Rumble legal team in case against Google), SPIR -0.3% (selected by Space Systems Command for contract), CWT -0.2% (files for share common stock offering), ONC -0.1% (presents new data), PAG -0.1% (increases dividend and increase repurchase authorization by $250 mln), RKLB -0.1% (selected by NASA to launch its Aspera mission), CHCT -0.1% (President / CEO discloses the purchase of 10K shares)