After Hours Summary: Major indices turn significantly lower following Trump tariff announcement; RH -23.7% sharply lower on earnings, W -14.3% down in sympathy
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PENG +5.2%
Companies trading higher in after hours in reaction to news: SLND +6.2% (awarded two water resource projects), NGNE +5.2% (announces publication for NGN-401), FLR +1.2% (to provide EPCM services for a second multi-billion-dollar pharma facility in Indiana), NPCE +0.7% (announces refocusing of product portfolio; reaffirms guidance)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RH -23.7%, FC -18.5%, LSTR -6.2%
Companies trading lower in after hours in reaction to news: W -14.3% (in sympathy with RH earnings and downbeat guidance), WSM -8.8% (in sympathy with RH earnings and downbeat guidance), PCAR -5.8% (CFO to retire), AAPL -5.8% (mega cap tech names lower on tariff news), AMZN -5.1% (mega cap tech names lower on tariff news), LZB -5% (in sympathy with RH earnings and downbeat guidance), TSLA -4.7% (mega cap tech names lower on tariff news), META -4.1% (mega cap tech names lower on tariff news), GCT -3.9% (increases share repurchase program by $16 mln), NVDA -3.2% (mega cap tech names lower on tariff news), LNW -3% (provides update on litigation; reaffirms 2025 targets), GOOG -2.7% (mega cap tech names lower on tariff news), LCID -2.1% ($1 bln convertible notes offering; also announces Q1 production and deliveries), HVT -2% (in sympathy with RH earnings and downbeat guidance), MSFT -1.9% (mega cap tech names lower on tariff news), SSTK -1.5% (GETY and SSTK receive DOJ request for additional info on merger), NAT -1.4% ($60 mln stock offering), PINE -1.3% (provides Q1 update), HRB -1% (names new chairman), UNIT -0.8% (stockholders approve merger with Windstream), UMH -0.5% (Q1 operations update), FORM -0.2% (doubles capacity at Taiwan service center), RLI -0.1% (partnership with TruckerCloud)