After Hours Summary: KBH -2.6% lower on earnings; SBUX +0.7% weighing sale of China business, according to CaixinGlobal
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: HURA +25.3% (shareholders approve Kineta merger), NKTR +23.8% (to announce top-line data from Phase 2b study), DHX +3.7% (organizational restructuring for Dice Brand, includes 25% workforce reduction), CIFR +2.8% (commences hashing at its Black Pearl site), IMDX +2.5% (results from study evaluating its flagship test kit technology), EHLD +1.7% (Pittas family sells 51.04% stake to Marla Investments), PLYM +1.6% (acquries Ohio industrial portfolio), OII +1.5% (wins Navy-related contract), DEC +1.1% (DEC and CG announce partnership to invest up to $2 bln in natural gas and oil assets), TERN +0.8% (presents data from Phase 1 Study of TERN-601), THO +0.8% (re-authorization of $400 mln share buyback), SBUX +0.7% (weighing sale of China business, according to CaixinGlobal), MPTI +0.5% (awarded $5.5 mln contract from top DoD contractor), CG +0.4% (DEC and CG announce partnership to invest up to $2 bln in natural gas and oil assets)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: KBH -2.6%
Companies trading lower in after hours in reaction to news: CHWY -2.7% (public offering by selling stockholder, concurrent share repurchase of up to $150 mln), IPGP -1.9% (to showcase fiber laser technologies), CORT -1.9% (CATALYST met its primary endpoint), LPLA -0.9% (reports monthly activity for May), CDTX -0.2% ($250 mln stock offering), META -0.1% (held deal talks with Runway AI, according to Bloomberg), ZS -0.1% (CTO to step down)