After Hours Summary: INTC -10.6%, ALK -2.3% lower on earnings; LIF +15.9%, SLM +6.7%, ISRG +2.5% higher on earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LIF +15.9% (guidance), SLM +6.7% (also authorizes new $500 mln share repurchase program), ASB +2.7%, ISRG +2.5%, AMTB +0.5% (also authorizes new $40 mln share repurchase program)
Companies trading higher in after hours in reaction to news: CVRX +2% (initiates BENEFIT-HF, a landmark heart failure trial), THM +1.6% ($60 mln stock offering and concurrent $40 mln private placement), KNTK +1.1% (increases dividend), WTRG +1% (awarded nearly $17 mln in pennvest funding), UAA +0.9% (cybersecurity incident, according to NY Post), CLPT +0.6% (EU MDR certification for Software Version 3.0.2), ARMN +0.5% (board and management updates; Chair and COO depart), ALAB +0.4% (announces expanded portfolio roadmap), WEN +0.4% (CEO search is continuing, looking at internal and external candidates), VLO +0.3% (increases dividend), PCVX +0.3% (advances adult and infant programs for VAX-31), DIS +0.2% (expects to announce next CEO in early 2026), HON +0.1% (announces key leadership roles for Honeywell Aerospace), AMZN +0.1% (preparing to cut thousands more corporate jobs next week, according to Reuters)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: INTC -10.6%, CUBI -3.2%, ALK -2.3%, COF -1.5% (also to acquire fintech Brex for $5.15 bln in cash and stock), EWBC -0.5% (also increases dividend), AA -0.2%
Companies trading lower in after hours in reaction to news: STEX -8.1% (stock offering), AVR -1.8% (AVR completes $90 mln strategic investment from MDT), GME -1.2% (CEO Ryan Cohen bought 500000 shares), JBL -1.1% (names new Chairman), NVDA -0.4% (Corvex secures long-term NVDA H200 GPU Deployment), CLX -0.2% (to acquire GOJO Industries for $2.25 bln)