After Hours Summary: KR +2.9% jumps on new $7.5 bln repurchase plan; ADBE -8.4% sells off on weaker-than-expected guidance
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: DBVT +25% (confirms alignment with FDA for Viaskin Peanut Patch), KR +2.9% (approves new $7.5 bln repurchase plan), BTDR +2.6% (files $1.0 bln mixed shelf), NOA +1.5% (awarded contract expected to generate $100 mln in revs), HOOD +1.2% (November 2024 operating data), ACMR +1.1% (issues comments over updates to U.S. export regualtions), AB +0.3% (prelim AUM for November), HST +0.2% (special dividend), BMY +0.1% (increases dividend), KO +0.1% (appoints new COO), EGO +0.1% (updated mineral reserve and resource statement)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ADBE -8.4%, NDSN -5.8%, OXM -4.2%, JILL -0.7% (CEO to retire)
Companies trading lower in after hours in reaction to news: CMTL -5.2% (to delay 10-Q filing), CHWY -2.7% ($500 mln stock offering), FISI -2.5% (stock offering), CORT -2.4% (results from Phase 2 study), BNED -1.9% (files $40 mln mixed shelf), NOC -0.9% (authorizes additional $3.0 bln repurchase plan), CYH -0.8% (to sell medical center for $280 mln), CPA -0.1% (prelim passenger traffic stats for November), MSFT -0.1% (to record $800 mln impairment charge related to GM's Cruise), ARES -0.1% (expands access to private equity strategy)