After Hours Summary: IBM +7.2%, RMD +6.6%, URI +4.4%, LVS +2.9% higher on earnings; ETD -8.1%, HXL -8%, TSLA -3.5% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AMSC +13.4%, IBM +7.2%, RMD +6.6%, URI +4.4% (also intends to repurchase $1.5 bln in 2024 and intends to raise dividend by 10%), LVS +2.9%, SLM +2.3% (also authorizes new $650 mln share repurchase program), WRB +1.4%, LRCX +1.2%, CCI +1.1% (also says CFO will remain), SLG +0.9%, RJF +0.3%
Companies trading higher in after hours in reaction to news: ADT +1.4% (exits residential solar business, increases dividend by 57%, authorizes $350 mln repurchase plan), KAI +0.2% (acquires KWS Manufacturing), YUM +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ETD -8.1%, HXL -8% (also increases dividend), CNXC -7.6%, COLB -6.5%, LBRT -6.1%, TSLA -3.5%, PLXS -2.8%, TOWN -2.3%, CSX -2.1%, KNX -1.7%, NOW -0.8% (also announces alliance with Visa to transform payment services), STX -0.2%, AMP -0.1%, CACI -0.1%
Companies trading lower in after hours in reaction to news: TRML -2.4% (stock offering), SAVE -1.3% (announces convertible note adjustments), HPE -1% (discloses cyber attack), INGN -0.6% (names new CFO), F -0.5% (provides remeasurement of OPEB losses), DKL -0.2% (increases dividend), MATV -0.1% (announces organizational realignment initiatives), WDC -0.1% (in sympathy with STX earnings)