After Hours Summary: HITI +13.9% nicely higher on earnings; WBTN +71.1% on signing term sheet with Disney for new digital comics platform; PLAY -14.5% sharply lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HITI +13.9%, STLD +1.1%, LTC +1%,
Companies trading higher in after hours in reaction to news: WBTN +71.1% (non-binding term sheet with Disney for new digital comics platform), AIV +14.5% (closes sale of four properties), ORN +10.5% (new contract awards), AIRE +2.3% (upgrades AI assistant), CMG +2.1% (additional $500 mln for share repurchases), NYXH +1.9% (files patent infringement lawsuit), ADT +1.5% (asset purchase agreement with Everon), ARCB +0.9% (increases share repurchase authorization), HBNC +0.6% (balance sheet repositioning), FBK +0.6% (authorizes new $150 mln share repurchase program), COHR +0.4% (launches WELD1D+), LAKE +0.1% (completes acquisitions of Arizona PPE Recon and California PPE Recon), TRTX +0.1% (CFO to retire, appoints interm CFO), CNS +0.1% (CFO to resign)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PLAY -14.5%
Companies trading lower in after hours in reaction to news: ADTN -10.1% (convertible notes offering), RCAT -5.5% ($300 mln mixed securities shelf offering), NOC -5.2% (awarded $972 mln Air Force contract), OSCR -4.9% (convertible notes offering), RKLB -3.8% ($750 mln ATM equity offering sales agreement), NEOG -2% (CFO/COO to depart), AVPT -1.4% (mixed securities shelf offering), OPAL -1% (completes sale of investment tax credits), KLAR -0.4% (Installment plans now available for in-store Apple Pay purchases in the US and UK), CTRI -0.2% (completes separation from Southwest Gas), SPGI -0.2% (collaboration with Cambridge Associates and Mercer)