After Hours Summary: HUM +11.8%, CVS +6.6%, UNH +5.4% higher on WSJ report that private Medicare rates to rise; AVGO +3.1% on $10 bln share repurchase program; PCRX +15% settles patent litigation; LEVI +2.6%, PLAY +2.5% on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LEVI +2.6%, PLAY +2.5%
Companies trading higher in after hours in reaction to news: PCRX +15% (settles patent litigation), HUM +11.8% (Private Medicare plans to get large rate boost from Trump administration next year, according to WSJ), CVS +6.6% (Private Medicare plans to get large rate boost from Trump administration next year, according to WSJ), UNH +5.4% (Private Medicare plans to get large rate boost from Trump administration next year, according to WSJ), MRVL +4.2% (to sell its automotive ethernet business to Infineon for $2.5 bln), PNC +4% (names former BlackRock exec as president), AIR +3.3% (forms joint venture with KIRA Aviation), AVGO +3.1% (authorizes new $10 bln share repurchase program), NDAQ +2.9% (reports March trading volume), AGX +2.5% (receives notice to proceed on contract), GME +0.9% (CEO/Chairman Ryan Cohen bought 500000 shares), FANG +0.8% (files for 6,842,625 share offering by selling shareholder), NKE +0.8% (Director bought 8600 shares), CACI +0.4% (wins US Navy $66 mln task order), AAPL +0.4% (Consumers rushing to buy iPhones before tariffs, according to Bloomberg), CORZ +0.3% (provides March data)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CVRX -18.2%, GBX -4.1%
Companies trading lower in after hours in reaction to news: ASR -5% (reports March traffic)