After Hours Summary: MCBC +39.1% rocketing on merger agreement with WTFC; MITK -4% down modestly on DecQ results
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CFB +3.5%, GIL +2.5% (Q1 and FY24 guidance; medium-term financial targets)
Companies trading higher in after hours in reaction to news: MCBC +39.1% (enters into merger agreement with WTFC), ZVRA +2.4% (presents new data), APLD +1% (secondary stock offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MITK -4%
Companies trading lower in after hours in reaction to news: EXR -5.2% (files mixed shelf), DOOO -3.7% (bought deal secondary offering), NVST -3.4% (names new CEO), SPT -2% (names new CEO; current CEO to become Executive Chair), WTFC -2% (enters into merger agreement with MCBC), FWRG -1.3% (completes acquisition of franchise-owned restaurants), EWTX -0.3% (positive topline results from ARCH open label trial), AVAV -0.2% (exclusive teaming agreement with Parry Labs), FTI -0.1% (awarded contract by XOM affiliate), GM -0.1% (names new global HQ), DAY -0.1% (Orica completes first phase of workforce management implementation)