After Hours Summary: GRRR -9.2% lower on earnings/guidance; REAX +10% after closing merger and authorizing repurchase program; KURA +4.6% and HRI +1.8% higher on insider purchases
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: REAX +10% (completes RE/MAX Holdings merger; also authorizes up to $450 mln share repurchase), KURA +4.6% (President and CEO bought 100,000 shares at $12.39 worth ~$1.2 mln), SVRA +3.4% (to present Phase 3 IMPALA-2 molgramostim data at ERS Congress), PH +2.9% (files mixed securities shelf offering), HRI +1.8% (Director bought 3,085 shares at $163 worth ~$503K), VST +0.9% (CEO bought 2000 shares), RSG +0.6% (10% Owner Cascade Investment bought 400,286 shares at $219.5873-221.775 worth ~$88.18 mln), AMR +0.5% (Director bought 15,000 shares at $209.03-211.09 worth ~$3.15 mln), NBIS +0.4% (closes $5.75 bln private convertible notes offering), BA +0.3% (awarded a $131.2 bln ceiling IDIQ Air Force contract), RBA +0.2% (launches redesigned mobile app with native bidding), ORKA +0.1% (names new CCO), EFC +0.1% (reports estimated July 31 book value at $13.63/share)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GRRR -9.2%
Companies trading lower in after hours in reaction to news: LOPE -4.1% (places CFO Daniel Bachus on administrative leave), AMRZ -2.1% (names new CFO), NUTX -1.4% (discloses unauthorized network access with suspected data exfiltration), TTD -1.2% (files mixed securities shelf offering), TMCR -0.2% (closes additional 1% Mesabi Royalty and $165 mln financing), WSFS -0.2% (files mixed securities shelf offering)