After Hours Summary: INOD +28.1%, AKAM +25.1%, FROG +17.5%, LASR +14.7% higher on earnings; IREN +5.7% on NVDA deal and earnings; KLAC +0.7% 10-for-1 stock split; FWRD -44.6%, DXC -19.4%, UPWK -18.3%, CRWV -8.8% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INOD +28.1%, AKAM +25.1% (also gets $1.8 bln commitment from leading frontier model provider), FROG +17.5%, LASR +14.7%, WEST +12.7%, PGNY +12%, TNDM +11%, ARLO +10.1%, PAR +8.1%, MNST +8%, CLAR +8% (also review of strategic alternatives), CALY +7.8%, XYZ +7.6%, BILL +7.3% (also 30% workforce reduction, also authorizes new $1 bln share repurchase program), GEN +7%, WLDN +6.8%, TXRH +6.5%, WSC +6.4%, WSC +6.4%, GMED +6.3%, PRTA +5.8%, ANNX +5.8%, IREN +5.7% (also strategic partnership with NVIDIA, which may invest up to $2.1 bln in IREN, secures $3.4 bln contract with NVDA; also also to acquire Ingenostrum), PTCT +4.7%, ABX +4.7%, OFRM +4.2%, RKLB +3.8% (also to acquire Motiv Space Systems; also announces series of positive news releases), RKT +3.5%, CPAY +3.1%, CRVS +2.9%, MRVI +2.8%, CON +2.7%, MCHP +2.5%, GH +2.4%, HASI +2.3% (also announces executive appointments), BBDC +2.2%, DBX +2.2%, FOXF +2.2%, OMDA +2.2% (also will serve as administrator in LLY connect program), MNR +2.2%, OUT +2.1%, WMG +1.8%, XENE +1.8%, DNLI +1.7%, WPM +1.6%, PBA +1.4% (also increases dividend), AVPT +1.2%, ALRM +1.1%, CRSR +1.1%, BLFS +1.1%, PCTY +1% (also increases share repurchase authorization by $1 bln), RSG +1%, GRND +0.9%, BBIO +0.8% (also authorizes new $500 mln share repurchase program), OTEX +0.8%, CENX +0.7%, MAIN +0.5%, NWSA +0.4%, GPCR +0.4%, MP +0.2%, WYNN +0.2%, AHR +0.1%, JANX +0.1%
Companies trading higher in after hours in reaction to news: BFAM +6.8% (to join S&P SmallCap 600) RELY +3.5% (to join S&P SmallCap 600) AERO +2.8% (April traffic), MAT +2% (activist investor calls on Mattel to explore strategic alternatives; MAT responds), IQV +1.4% (increases share repurchase authorization by $2 bln), DVN +1.4% (announces a series of capital return actions), DDD +0.8% (Cadillac Formula 1 Team deployed seven SLA 3D printing systems), KLAC +0.7% (10-for-1 stock split), CHRD +0.4% (files mixed securities shelf offering), BLSH +0.1% (submits applications to CFTC), BTU +0.1% (Board rejects Chair Robert Malone's resignation)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FWRD -44.6%, KDK -36.4% (also General Dynamics collaboration; also autonomously hauling freight with Roehl Transport; also will conduct pilot and explore deployment of trucks at log-hauling operations), TSSI -29.6%, EVCM -27.5%, DXC -19.4%, ABSI -19%, HUBS -18.6%, UPWK -18.3% (also announces restructuring plan, includes 24% workforce reduction), AORT -18.1%, NET -17.8% (also announces reduction in workforce), DNA -16.8% (also completes divestiture of Biosecurity), KODK -16.6%, FIGS -16.2%, STRT -15.4%, TTD -15.1% (also Chief Strategy Officer to leave and join OpenAI, according to AdWeek), CTKB -14.4%, REAL -11.3%, GSIT -11.3%, SOUN -11.2%, HRTG -11%, CAI -10.7%, TOST -10.3%, INDI -9.1%, EXPE -9% (also authorizes new $5 bln share repurchase program), CRWV -8.8%, AAOI -8.7%, SMR -8.6%, ASLE -7.5%, SVCO -7.1%, MELI -6.6%, ACLS -6.5%, FBIN -6%, PDFS -5.5%, ZYME -5.2%, STOK -5.2%, CARG -5.1%, BLND -4.9%, COIN -4.6%, RNG -4.2%, CVSA -3.9%, TXG -3.5%, MTD -3.4%, NTRA -3.3%, ZD -3%, XPOF -2.9%, FIP -2.7%, CLNE -2.6%, LYFT -2.6%, SG -2.5%, ASTH -2.4%, RCAT -2.4%, OPEN -2.3%, ABNB -2.1%, MSI -2.1%, AFRM -2%, ARWR -1.9%, DIOD -1.9%, GILD -1.9%, YELP -1.8%, ED -1.7%, DKNG -1.5%, G -1.2%, CRNX -1.1%, LPTH -1.1%, OLN -1%, NKTR -0.7%, ELVN -0.7%, MSDL -0.7%, MCK -0.6% (also $2.25 bln accelerated share repurchase program), POWI -0.6%, QNST -0.6%, CWEN -0.4%, PSEC -0.4%, GSAT -0.3%, SOBO -0.3%, ICUI -0.2%
Companies trading lower in after hours in reaction to news: CAPR -12.1% (files for preliminary injunction), LFST -9.6% (announces launch of 35 mln share offering by selling shareholders; co concurrently to purchase 6 mln shares), STNG -3.2% ($150 mln convertible notes offering), VVX -1.2% (stock offering by selling shareholders), HIVE -1% (announces up-listing to TSX and provides corporate update), PSNL -1% (files mixed securities shelf offering), NVDA -0.6% (NVIDIA and IREN announce a strategic partnership, NVDA has right to invest up to $2.1 bln in IREN), MUSA -0.1% (increases dividend)