After Hours Summary: GRND +13.9%, ACLX +9.7%, NVTS +7.2% higher on earnings; LL +13.6% after exploring strategic alternatives; DSGN -33.6%, GETY -14.3% lower on earnings; DFS -3.6% falling after CEO resignsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GRND +13.9%, ACLX +9.7%, NVTS +7.2%, BOC +2.2%, XP +1.6%, HRTX +0.7%
Companies trading higher in after hours in reaction to news: LL +13.6% (exploring strategic alternatives), SWX +2.7% (Carl Icahn discloses increased position), DHI +2.4% (Berkshire Hathaway discloses new position), RKLB +2.4% (signs deal with NASA), LEN +1.7% (Berkshire Hathaway discloses new position), LYV +1.7% (Lone Pine discloses new position), NVDA +0.9% Saudi Arabia and UAE buying NVDA chips for AI, according to FT), NVR +0.8% (Berkshire Hathaway discloses new position), OTLK +0.6% (files stock offering), SNPS +0.4% (expands strategic partnership with INTC), INTC +0.1% (expands strategic partnership with SNPS), PHR +0.1% (acquires Access eForms)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DSGN -33.6%, GETY -14.3%, DH -5.5%, SLRN -5%, RUM -3.5%
Companies trading lower in after hours in reaction to news: DFS -3.6% (CEO resigning), HRI -1.7% (Carl Icahn discloses closed position), MOS -1.5% (Soroban Capital Partners discloses closed position), NVTA -1.3% (appoints interim CFO), CRC -1.3% (Corvex Management discloses closed position), EDR -1.1% (Corvex Management discloses closed position), AKAM -0.5% (to offer $1.0 bln convertible notes), ZVIA -0.4% (appoints interim CFO), PSA -0.1% (files mixed shelf)