After Hours Summary: KBH +0.7% ticks higher on earnings; CDMO -21% falls on earnings; AAOI +13.8% pops on MSFT supply deal; LOGI +2.1% higher on buyback authorizationAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: EPAC +2.6%, SCS +1.1%, KBH +0.7%
Companies trading higher in after hours in reaction to news: AAOI +13.8% (enters into supply agreement with MSFT to provide design and assembly services), KURA +3% (Director bought 50000 shares), LOGI +2.1% (authorizes new $1 bln share repurchase program), MRNS +2% (patent granted by USPTO), MFIN +0.6% (files $100 mln mixed shelf securities offering), SPCE +0.4% (Board Chair Evan Lovell died unexpectedly), RIVN +0.2% (acquires mapping company Iternio), IPI +0.1% (completes Phase One and provides update on Phase Two of its HB Injection Pipeline Project), ATAT +0.1% (co-CFO resigns)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CDMO -21%
Companies trading lower in after hours in reaction to news: ALVR -19.1% (commences $75 mln public offering), GPOR -9.3% (stock offering by selling shareholders), CRNC -3.4% ($190 mln convertible notes offering), IGMS -1.8% (announces $100 mln public offering and concurrent private placement), COLD -1.3% (CP and COLD announce collaboration to co-locate Americold warehouse facilities), RJF -1% (reports May operating data), CP -0.6% (CP and COLD announce collaboration to co-locate Americold warehouse facilities), RTX -0.6% (awarded $294 mln U.S. Navy contract modification), AAPL -0.1% (releases developer software tools for the Apple Vision Pro)