After Hours Summary: GOOG -1.7% lower on earnings; AMSC +19.4%, FORM +18.3%, SITM +13.8% higher on earnings; CIEN +3.9% following news it will join S&P 500; DGII -16.4%, ARM -9.4%, QCOM -9.3% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AMSC +19.4%, FORM +18.3%, PAHC +17.4%, SITM +13.8% (also to acquire Renesas' Timing Business), ALGN +12.7%, SYM +10.9%, TENB +9.6%, CPAY +9%, EZPW +8.8%, KLIC +8.7%, MKL +5.3%, BLBD +4.2%, ELF +3.7%, BOOT +3.7%, SNEX +3.1%, VCTR +3%, RRX +2.6%, SNAP +2.4%, ALL +2.4% (also increases dividend; plans new buyback program), MWA +2.1%, MCK +1.9%, DHT +1.9%, MCK +1.9%, MC +1.7%, ALGT +1.5%, PTEN +1.5% (also increases dividend), EQH +1.2%, MOD +0.7%, OHI +0.5%, BKH +0.3%, HP +0.3%, MET +0.2%
Companies trading higher in after hours in reaction to news: ALXO +10.9% (venBio confirms the purchase of 3,184,713 shares worth approximately $5 mln), AVGO +6.3% (in sympathy with Alphabet's (GOOG/GOOGL) CapEx spending plans), CLS +4.5% (in sympathy with Alphabet's (GOOG/GOOGL) CapEx spending plans), LITE +4.2% (in sympathy with Alphabet's (GOOG/GOOGL) CapEx spending plans), CIEN +3.9% (to join S&P 500), APH +2.5% (appoints CEO to additional role of Chairman), ITUB +1.9% (authorizes new repurchase program), NVDA +1.8% (U.S. weighs allowing ByteDance to purchase Nvidia H200 chips as conditions remain unresolved, according to Reuters), COST +1.4% (reports January comps), CBOE +1.4% (reports January trading volume statistics), SVM +0.3% (project update for El Domo)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CRNC -21.2%, DGII -16.4%, RAL -14.7%, WOLF -10.9%, ARM -9.4%, QCOM -9.3%, FLNC -8.3%, KMPR -7.6%, CCI -6.5%, MTRX -5.9% (also announces CEO transition), TTMI -5.4%, COHR -4.7%, UHAL -4.5%, ORLY -3.9%, STE -3.5%, QGEN -3.3%, UTI -3.1%, REXR -2.8%, UGI -2.8% (also appoints new Chief Strategy Officer), CENT -2.3%, FMC -2.2% (also authorizes exploration of strategic options), GBDC -1.9%, NOV -1.9%, GOOG -1.7%, EG -1.6%, MAA -1.1%, PLUS -1.1%, CLB -1.1%, PTC -0.9%, AVB -0.7%, AFL -0.5%, SUI -0.2%
Companies trading lower in after hours in reaction to news: GBX -1.9% (completes railcar asset-backed securities issuance), NEGG -1.9% (appoints new Board member), WDAY -1% (announces reorginzation; also provides guidance), FLOC -0.7% (files $500 mixed shelf offering; also stock offering by selling shareholders), NUAI -0.5% (stock offering by selling shareholders), SUI -0.2% (announces leadership transition; reaffirms guidance), MDLZ -0.2% (files mixed securities shelf offering)