After Hours Summary: HOLX +6%, LSCC +5.3%, AMKR +2.8%, CAR +2.8% higher on earnings; VRNS -18.8%, GT -7.9%, TREX -6.4%, HLIT -6.1%, SYK -5.1%, HLF -3% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HOLX +6%, LSCC +5.3%, BSM +3.9%, AWK +2.9%, AMKR +2.8%, CAR +2.8%, CLW +1.5%, CIVI +0.8%, VAC +0.7%, NXPI +0.4%, RMBS +0.4%, PLOW +0.3%, TEN +0.3% (also names new CFO), WMB +0.2%, LEG +0.1%, RRX +0.1%
Companies trading higher in after hours in reaction to news: KPTI +2.1% (EC grants orphan designation for selinexor for myelofibrosis), GE +0.3% (awarded a not-to-exceed $1.085 bln U.S. Navy contract), DEN +0.2% (executes CO2 Services Agreement with Clean Hydrogen Works)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VRNS -18.8% (also authorizes new $100 mln share repurchase program), GT -7.9%, TREX -6.4%, HLIT -6.1%, AXNX -5.7%, SYK -5.1%, HLF -3% (also CEO steps down, plans to name replacement in 2023; also withdraws FY22 guidance), IMAX -2.4%, AFL -2%, FLS -1.1%, ACHC -0.4%, ANET -0.4%, CNO -0.3%, BCC -0.2%, KMT -0.1%, NTB -0.1%, SON -0.1%
Companies trading lower in after hours in reaction to news: VIR -4.2% (announces multiple abstracts highlighting new Hep B data), NVTA -1.9% (study shows therapy informed by genetic testing reduces seizures in some patients with epilepsy), DAL -0.1% (pilots vote to authorize strike if necessary, according to Reuters), OXY -0.1% (signs leases to support large-scale DAC projects)