After Hours Summary: GLOB -26.8%, DOCS -23.6%, AMAT -5.6%, CAVA -4.3%, TTWO -3% lower on earnings; RKT +5.4% as ValueAct Capital increases stake to 9.9%
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AREN +10.3%, INV +4.8%, QUBT +1.9%, OMER +1.3%
Companies trading higher in after hours in reaction to news: EBS +10.5% (CEO bought 60,000 shares), ASPI +5.8% (to delay 10-Q filing), RKT +5.4% (ValueAct Capital increases stake to 9.9% and turns active), EVLV +4.8% (to delay 10-Q filing), MNKD +2.6% (Chief Medical Officer to step down), STZ +2.5% (Berkshire Hathaway (Warren Buffett) increases position), POOL +2.4% (Berkshire Hathaway (Warren Buffett) increases position), GMED +2% (authorizes new $500 mln share repurchase program), ST +1.9% (CFO to resign), SLDB +1.2% (files for $400 mln mixed securities shelf offering), VST +1.2% (acquires 7 nat gas facilities), DPZ +1% (Berkshire Hathaway (Warren Buffett) increases position), CRWV +1% (NVDA discloses new position), HTZ +0.8% (Pershing Square (Bill Ackman) increases position), UBER +0.4% (Pershing Square (Bill Ackman) discloses new position), HRZN +0.4% (CEO to retire), JBI +0.4% (increases share repurchase program by $75 mln), HEI +0.3% (Berkshire Hathaway (Warren Buffett) increases position), RTX +0.3% (awarded a $580.6 mln US Navy contract), SIRI +0.2% (Berkshire Hathaway (Warren Buffett) increases position), GOOGL +0.2% (Pershing Square (Bill Ackman) increases position), KAI +0.2% (authorizes new $50 mln share repurchase program), JBLU +0.2% (Carl Icahn discloses increased position), OXY +0.1% (Berkshire Hathaway (Warren Buffett) increases position), LCII +0.1% (authorizes new $300 mln share repurchase program), ILMN +0.1% (Carl Icahn discloses increased position)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GLOB -26.8%, DOCS -23.6%, KULR -16.8%, AMAT -5.6%, CAVA -4.3%, TTWO -3%, SOBO -0.9%
Companies trading lower in after hours in reaction to news: TVTX -22.4% (FDA accepts sNDA for FILSPARI), VVX -4.6% (announces sale of 2 mln shares by Vertex Aerospace), LAC -4.4% (files for $1 bln mixed securities shelf offering; also establishes $100 mln ATM Program), LYV -2.6% (DOJ probes collusion for Covid-era refunds, according to Bloomberg), BN -2% (Pershing Square (Bill Ackman) increases position), SKIL -0.8% (names new CFO), GILD -0.8% (announces presentation), CVAC -0.4% (EPO confirms validity of patent), HP -0.3% (files mixed securities shelf offering)