After Hours Summary: LULU +10.3%, RH +9.8% higher on earnings; AVGO -3.2%, COST -0.6% lower on earnings; WEST +6.2% on insider buy
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NX +22%, MITK +16.1%, LULU +10.3% (also CEO to step down; also approves a $1 bln increase to stock repurchase program), RH +9.8%
Companies trading higher in after hours in reaction to news: FOA +8.4% ($2.5 bln partnership with OWL funds to expand FOA's home equity lending), WEST +6.2% (CEO bought 100,000 shares worth ~$414K), FTI +5.5% (awarded significant contract from Chevron), FLY +2.5% (names new COO), CRNX +2% (first patient dosed in trial of atumelnant), PLPC +2% (increases dividend), HST +1.2% (increases dividend and declares $0.15/sh special div), KNSL +1.1% (authorizes new $250 mln share repurchase program), VCTR +0.8% (expands global footprint with 3 new UCITS), CE +0.7% (CFO bought 5,000 shares worth ~$205K), EXAS +0.1% (results for the Oncodetect MRD Test)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CMTL -9.4%, KMTS -8.9%, NTSK -7.2%, FEIM -4.3%, AVGO -3.2% (also increases dividend), COST -0.6%
Companies trading lower in after hours in reaction to news: DXLG -16% (to merge with FullBeauty Brands), TNYA -11.8% (stock offering; also reports data from Cohort 1 of RIDGE-1 Phase 1b/2 trial; also FDA lifts clinical hold on MyPEAK-1 Phase 1b/2a trial), LPTH -6.2% (stock offering), AIP -2.2% (to acquire Cycuity; also files for $200 mln mixed securities shelf offering), OLMA -0.9% (files mixed securities shelf offering), HP -0.5% (CEO to retire, names new CEO), NVTS -0.4% NVTS expands distribution agreement with AVT)