After Hours Summary: INNV +13.1%, AVO +5.8% higher on earnings; CHYM +10.2% higher on Stride Bank acquisition and guidance; TTAN -21%, BRZE -13.2% and CASY -9.9% under pressure after earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INNV +13.1%, AVO +5.8%
Companies trading higher in after hours in reaction to news: CHYM +10.2% (to acquire Stride Bank for $590 mln in cash; also offers guidance), PYXS +7.2% (to present updated clinical data), ASMB +4.8% (exercises U.S. profit-share option with GILD for HSV program), CMTG +3.9% (CEO/Chairman discloses insider purchase), XYZ +2.9% (applies to establish national trust bank for bitcoin and stablecoin custody), BETR +2.3% (COO to depart), OCGN +1.5% (DMC backs continuing modified Phase 2/3 OCU410ST Stargardt study after interim look), ESP +1.4% (promotes new CFO; declares special cash dividend of $0.75/share), CNXC +1.2% (acquires CastleHill), BJ +0.8% (discloses settlement agreement), RKLB +0.7% (launches germanium-free IMM Apex solar cell for space applications), CLSK +0.3% (August operational update), O +0.2% (increases dividend), SNAP +0.2% (names new Chief Commercial Officer), ISRG +0.2% (publication of a landmark systematic review and meta-analysis in the peer-reviewed Annals of Surgery Open), EGO +0.1% (announces first copper-gold concentrate at Skouries)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TTAN -21% (also CRO to step down), BRZE -13.2%, CASY -9.9%
Companies trading lower in after hours in reaction to news: TH -7.2% (launches secondary stock offering), INGM -6.2% (launches secondary stock offering), TPG -1.7% (discloses departure of President), GLXY -0.9% (update on ERCOT Batch Zero large load classifications), STAA -0.7% (names former CEO as Chief Commercial Officer), BBOT -0.5% (highlights BBO-8520 NSCLC data, prioritizes KRAS combination programs), AHCO -0.3% (names new CFO), CNL -0.1% (announces maiden Mineral Resource for its Apollo Deposit at the Guayables Project)