After Hours Summary: MASI -23% falls on weak guidance; SSYS +1.2% higher on news it will engage in discussions with DDD; ROST -4.4% lower on new store plansAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FBK +14.2%, ATRO +5.4%
Companies trading higher in after hours in reaction to news: KPTI +5.2% (receives FDA Fast Track Designation for Selinexor), PTCT +4.4% (names new CFO), BRY +3% (to acquire Macpherson Energy for $70 mln), AIR +3% (extends existing airframe MRO services relationship with UAL), NOC +1.5% (RTX and NOC awarded follow-on contract from DARPA), TDS +1.4% (provides update on the amount of lead-covered cables), SSYS +1.2% (SSYS to engage in discussions with DDD), AMLI +1% (defers spin out of Macusani), DM +0.5% (SSYS to engage in discussions with DDD)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MASI -23% (issues downside Q2 revenue guidance), ELS -1.8%
Companies trading lower in after hours in reaction to news: CVM -17.7% (stock offering), ABOS -10.5% (stock offering), ROST -4.4% (opens 27 locations; plans to open 100 new stores in FY23), SVM -2.4% (reports high-grade silver-lead intercepts), DDD -0.6% (SSYS to engage in discussions with DDD), CDNA -0.5% (NTRA announces favorable court decision in false advertising case brought by CDNA), ATVI -0.5% (ATVI/MSFT deal will close later than expected, according to Bloomberg; also Warren Buffett lowered stake in ATVI), WOLF -0.4% (says its supply chain will not be impacted by proposed China export restrictions on gallium and germanium), MDT -0.3% (in sympathy with weak MASI guidance), MSFT -0.2% (ATVI/MSFT deal will close later than expected, according to Bloomberg), ARGX -0.1% (commences global offering of $750 mln of ordinary shares), BLK -0.1% (adds CEO of Aramco to its board)