After Hours Summary: HRB +10.2% higher on earnings and dividend hike and buyback; DESP +4.3%, GLOB +3.8% also higher; AMAT -3.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HRB +10.2% (also files mixed shelf securities offering; also increases dividend by 17%; new $1.5 bln share repurchase authorization), DESP +4.3%, GLOB +3.8%, COHR +1.7%
Companies trading higher in after hours in reaction to news: PL +8% (first hyperspectral satellite will launch on Aug 16), VCEL +4.6% (FDA approves NexoBrid for severe thermal burns), ATR +2% (FDA approves Unidose delivery system with neffy for the emergency treatment of patients with allergic reactions), PTLO +1.8% (Engaged Capital builds a nearly 10% stake, according to CNBC), MDWD +1.8% (FDA approves NexoBrid for severe thermal burns), MDU +1.2% (increases dividend), INCY +1.2% (topline results from pivotal study of Tafasitamab), CACI +0.8% (awarded $239 mln US Army task order), ANF +0.3% (forms new partnership with Haddad Brands to expand the global reach of its kids brand), WGO +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AMAT -3.1%, RNW -3%, AMCR -2.9%
Companies trading lower in after hours in reaction to news: SNDA -10.9% (commences 4 mln share offering; to use funds to acquire senior housing portfolio), ADSK -1.3% (using controversial sales practice despite pledging to stop, according to Bloomberg), GTES -1.3% (selling stockholders affiliated with Blackstone commence 20 mln share offering of Gates' ordinary shares), FLEX -0.7% (files mixed shelf securities offering), PLSE -0.6% (to delay 10-Q filing), MUSA -0.1% (increases dividend)