After Hours Summary: IPAR +6% and KRMN +6% higher on upside guidance; BANC -4.5% and KNX -3.9% lower on earnings; WINA +4.6% on news it will join S&P SmallCap 600
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: IPAR +6% (guidance), KRMN +6% (guidance), TCBX +5.6%, CACI +1%, KMI +0.6%
Companies trading higher in after hours in reaction to news: OPRT +12% (CEO to step down; provides guidance), GROY +5.5% (preliminary Q4 results; completes Borborema Royalty acquisition), WINA +4.6% (to join S&P SmallCap 600), CRML +3.7% (signs MoU with TQB to establish one or more joint ventures related to extracting rare earth resources in Saudi Arabia), GME +2.7% (CEO Ryan Cohen acquires 500,000 shares at $21.60 per share), BBAI +0.7% (acquires assets of CargoSeer), CP +0.4% (investing $800 million in American manufacturing with Tier 4 locomotives), OKE +0.4% (increases dividend), RTX +0.4% (awarded $380 mln modification to Navy contract), MSFT +0.3% awarded $170 mln Air Force task order for the Cloud One program)
After Hours Losers
Companies trading lower in after hours in reaction to earnings/guidance: BANC -4.5%, KNX -3.9%, RLI -2.7%, PNFP -1.4%, FULT -0.3%
Companies trading lower in after hours in reaction to news: WYFI -6.9% (convertible notes offering), AXGN -5% (stock offering), TE -5% (files mixed shelf offering), NEXA -4.9% (production at the Atacocha San Gerardo open pit mine is temporarily suspended), CAL -3.8% (names interim CFO), APOG -1.9% (names new CFO), HON -0.1% (finalizes settlement and renews long-term contract with Flexjet)