After Hours Summary: KBH +8.1% constructing nice gains on Q4 results; AEHR -11.8% sells off following earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INGN +11.3%, KBH +8.1%, PTLO +0.5%, AGI +0.2%, BTG +0.2%
Companies trading higher in after hours in reaction to news: ANGI +14.1% (approves plan to spin off full stake in Angi), ZENV +5.4% (new strategic cycle), INSG +4.6% (inclusion in T-Mobile Partner Plus program), DRS +4.3% (awarded $99 mln U.S. Army contract), AB +3.2% (prelim AUM for December), AMRC +2% (awarded $183 U.S. General Services Administration project), MDT +1.8% (CMS national coverage analysis for Symplicity Spyral Renal Denervation System), AESI +1.5% (first commercial delivery of sand off the Dune Express), DHX +1.3% (strategic reorganization), AVAV +1.2% (second delivery order on U.S. Army contract), HHH +1.2% (confirms receipt of unsolicited acquisition proposal from Pershing Square), VRTS +0.4% (prelim AUM for December), FANG +0.2% (presents Q4 metrics), ADBE +0.1% (files mixed shelf), AAPL +0.1% (revamped app developer fees trigger scrutiny from EU antitrust regulators, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AEHR -11.8%, TTAN -0.6%
Companies trading lower in after hours in reaction to news: CCCS -4.8% (stock offering), DOV -2.8% (acquires certain assets within Carter Day International), SANW -2.1% (to explore and evaluate strategic alternatives), SHYF -1.9% (supplemental information reinforcing proposed merger with Aebi Schmidt), HOOD -0.6% (to pay $45 mln in SEC charges), SIL -0.5% (filing meeting materials to approve arrangement with Coeur Mining), BXC -0.2% (CFO to resign), CPA -0.1% (December traffic)