After Hours Summary: GTLB +20.8%, SUMO +11.8% on strong earnings reports, PEP +0.2% on news it will lay off hundreds of workings, according to WSJAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GTLB +20.8%, SUMO +11.8%
Companies trading higher in after hours in reaction to news: BIVI +11.3% (announces positive NE3107 results), FNKO +3.5% (appoints new CEO; current CFO resigning), NDAQ +2.1% (reports November data), CENX +2% (moving higher after US and EU weigh new tariffs on Chinese steel and aluminum, according to Bloomberg), BHR +1.8% (reports November 2022 RevPAR), GME +1.4% (begins round of layoffs, according to Axios), BLNK +1.1% (appoints new COO), AA +1% (moving higher after US and EU weigh new tariffs on Chinese steel and aluminum, according to Bloomberg), COIN +0.3% (FTC probing several crypto firms over allegations of deceptive ads, according to Bloomberg), HOOD +0.3% (FTC probing several crypto firms over allegations of deceptive ads, according to Bloomberg), ASR +0.2% (reports November traffic), PEP +0.2% (to lay off hundreds of workers, according to WSJ), META +0.2% (would remove news if Journalism Competition and Preservation Act is passed, according to Reuters), LSCC +0.2% (unveils new FPGA platform), IBP +0.1% (acquires Orr Industries), CBOE +0.1% (reports November trading volume)
After Hours Losers:
Companies trading lower in after hours in reaction to news: HLF -10.9% (proposed $250 mln offering of convertible notes), AXON -3.8% (to offer $500 mln convertible notes in private offering), SI -0.5% (issues FTX-related letter), DRS -0.4% (U.S. Army contract of $39.5 mln)