After Hours Summary: INTC -3.7% lower as it outlines a new reporting structure, provides historical financial metrics; CALM +6% and PLAY +4.5% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CALM +6% (also to pay $1/sh dividend), PLAY +4.5% (also increases share repurchase authorization by $100 mln), ADPT +1.3% (guides Q1 revs above consensus; also provides strategic review update; names new CFO),
Companies trading higher in after hours in reaction to news: SGHT +22.2% (announces results of 3-yr prospective GEMINI trial and the cross-over phase of the SAHARA RCT), TVGN +4.7% (to delay 10-K filing), ZNTL +1.8% (to highlight preclinical data on WEE1 Inhibitor Azenosertib), WISH +0.9% (announces post-closing board and mgmt team: Rishi Bajaj appointed CEO, Brett Just promoted to CFO), MCHP +0.5% (names new COO), WFG +0.1% (WFG and MERC to dissolve joint venture),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None
Companies trading lower in after hours in reaction to news: INTC -3.7% (outlines new reporting structure to reflect transition to foundry model; expects Intel Foundry operating losses to peak in 2024; provides historical financial metrics for new reporting segments), EVLV -2.7% (AI gun detectors frequently report false positives, Verge reports), RNA -0.4% (files for 24,255,624 shares of common stock), PNRG -0.3% (to delay 10-K filing), PVH -0.1% (files mixed shelf securities offering), GAMB -0.1% (completes acquisition of Freebets.com), DIS -0.1% (gains more support in boardroom battle with activist investors, according to Reuters; Vanguard votes for incumbent directors, according to Reuters),