After Hours Summary: HLIT +10.5%, CDLX +8.8%, CAR +7.3%, SANM +3.8%, SEDG +2.6% higher on earnings; CHGG -31%, EVER -15.4%, VRNS -10.7%, FN -8.3% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HLIT +10.5%, CDLX +8.8%, CAR +7.3%, MPWR +7.1%, VNOM +7%, CC +5.7%, MED +5.6%, OHI +5.3%, NTR +4.3%, VNO +4.1%, SANM +3.8% (also increases buyback authorization by $200 mln), NTB +3.7%, BIGC +3.2%, EXPE +3%, CTRA +2.7%, DVN +2.7% (also raises dividend by 27% and expands share buyback auth), SEDG +2.6%, LEG +2.1%, IPI +1.8%, AGNC +1.6%, NXPI +1.2%, MGM +1.1%, FMC +0.9%, FANG +0.4%, OGS +0.3%, ANET +0.2%, KMT +0.2%, INST +0.2%, OUT +0.1%, WMB +0.1%
Companies trading higher in after hours in reaction to news: ASTS +12.9% (receives experimental license from FCC for BlueWalker 3 satellite testing), GNW +5.4% ($350 mln share repurchase auth), LMDX +5% (stock offering), APTO +1.7% (highlights recent publications of pre-clinical data for luxeptinib), GFS +1.3% (announces $117 mln chip supply agreement with US DoD), MPLX +1% (Whistler Pipeline expansion reaches final investment decision), GLDD +0.4% (awarded large-scale US offshore wind rock installation project), WPC +0.3% (files mixed securities shelf offering), MSA +0.1% (increases dividend), WTS +0.1% (increases dividend), CCL +0.1% (celebrates restart of entirety of Carnival Cruise Line fleet), RYAM +0.1% (sells shares of GreenFirst for $43.3 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CHGG -31%, EVER -15.4%, VRNS -10.7%, FN -8.3%, FRPT -3.5% (also launches $350 mln proposed follow-on offering), MOS -3.5%, FLS -3.1%, CLX -1.7%, CNO -1%, RIG -0.8%, ZI -0.8% (also acquires Comparably), CBT -0.6%, RMBS -0.4%, BXP -0.2%, AMKR -0.1%, BRX -0.1%, QTWO -0.1%, RHP -0.1%, AMRC -0.1%
Companies trading lower in after hours in reaction to news: HAYW -12.2% (stock offering), BG -2.6% (launches renewable fuel feedstocks JV with CVX), CECE -1.3% (files for $150 mln mixed securities shelf offering), FTI -0.1% (awarded addl contract and received notice to proceed by XOM)