After Hours Summary: MANH -8.9%, TXN -8.1%, NFLX -6.4% lower on earnings; ISRG +18.2%, PEGA +13.1%, VICR +13%, COF +4.1% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ISRG +18.2%, PEGA +13.1%, VICR +13%, COF +4.1% (also authorizes new $16 bln share repurchase program; also reports Sept metrics), WAL +3.5%, ROAD +1.6%, EWBC +1.2%, EQT +0.6%, WCN +0.6% (also increases dividend), ADC +0.5%, CASH +0.3%, CB +0.1%, PFSI +0.1%
Companies trading higher in after hours in reaction to news: DKNG +4.6% (acquires Railbird Exchange), WBD +2.3% (in sympathy with NFLX earnings), NOG +1.4% (boosts production guidance, closes $98 mln Uinta Royalty acquisition), CSX +1.4% (CEO bought 55,000 shares), OWL +1.1% (META and OWL funds form joint venture to develop Hyperion data center campus), GEV +0.6% (to acquire remaining 50% stake of Prolec GE JV), FSLR +0.3% (enters into 2 Tax Credit transfer agreements with digital payments co), GVA +0.1% (has begun construction of $138 mln rehab project in Chicago), PHIN +0.1% (PHIN details settlement agreement with BWA)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MANH -8.9% (also names new COO; replenishes $100 mln buyback authorization), TXN -8.1%, NFLX -6.4%, MAT -5.1%, MCRI -4%, MTDR -3.8%, OMC -0.9%, WFRD -0.3%
Companies trading lower in after hours in reaction to news: ALEC -50.2% (results from Phase 3 trial evaluating latozinemab), OWLT -18.8% (stock offering), RDNT -16.5% (files prospectus supplement), TERN -11.3% (results from Phase 2 trial of TERN-601), AVAH -8.2% (certain selling stockholders commence 10 mln share offering; also provides guidance), ASTS -7.3% ($850 mln convertibles notes offering; repurchases portion of convertible notes), RAPT -4.7% (stock offering), VRDN -2.2% (commences offering of common shares and convertible preferred shares), ZBIO -1.9% (stock offering by selling shareholders), DIS -0.9% (in sympathy with NFLX earnings), DOV -0.8% (launches CDS Mentor 3.0), META -0.3% (META and OWL funds form joint venture to develop Hyperion data center campus), DVAX -0.2% (topline data from Part 1 of Phase 1/2 Trial for Shingles Vaccine), FOUR -0.1% (enters into exclusive negotiations to acquire Worldline's North American subsidiaries)