After Hours Summary: LSCC +10.8% up on earnings, SLQT +34.2% soaring on strategic investment; FLNC -37.7% and HLIT -32.6% plunge following quarterly results
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LSCC +10.8%, NTB +7.6%, CMP +6.6%, CINF +4.3%, WTS +1%
Companies trading higher in after hours in reaction to news: SLQT +34.2% (signs $350 mln strategic investment), GOLF +7.3% (replacing ROIC in the S&P SmallCap 600), AGEN +5.6% (enters into license agreement with Incyte), NVNI +2.6% (stock offering), IONQ +2.4% (partners with General Dynamics), BKSY +1.3% (establishes launch window with Rocket Lab), INMD +0.9% (enters into license agreement with Great Ormond Street Hospital NHS Foundation Trust), ALSN +0.6% (awarded new contract), LUV +0.4% (appoints new CFO), YEXT +0.2% (acquires Places Scout), MARA +0.2% (postpones special meeting of stockholders)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FLNC -37.7%, HLIT -32.6% (also announces $200 mln buyback plan), AMKR -9.7%, ACLS -9.6%, MITK -8.3%, MEDP -6.3%, ALAB -5.1%, CXW -4.4%, INSP -4.3% (also receives civil investigate demand), SPSC -2.4%, VNO -1.7%, ARWR -1.6%, SSD -1.5%, CMCO -1.4% (also to acquire Kito Crosby Limited from KKR for $2.7 bln), BRX -1.3%, COTY -1%, VRTX -0.6% (also, COO to retire)
Companies trading lower in after hours in reaction to news: SERA -6.7% (stock offering), POWW -4.5% (to delay 10-Q filing), HLNE -2.7% (stock offering), HESM -2.5% (stock offering), UVV -0.2% (to delay 10-Q filing; provides DecQ guidance), MSFT -0.1% (Sam Altman rejects Elon Musk's buyout offer in X post)