After Hours Summary: MSFT +6%, ENPH +5.5%, CMG +5.1%, V +4.2% higher on earnings; NCR -17.4%, FFIV -8.7%, JNPR -6.9%, EW -5.2%, TXN -4.2%, GOOG -2.9% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SKX +6.6%, MSFT +6%, ENPH +5.5%, CMG +5.1%, TER +4.9%, V +4.2%, TENB +3.5%, TX +3.4%, ACCO +3.2%, CTOS +3.1% (also CFO to step down), BYD +2.5%, ARLP +2.3%, EXAS +1.9%, MTDR +1.7%, RHI +1.6%, GM +1.4%, CSGP +0.9%, RRC +0.9%, WH +0.9%, IPAR +0.9%, AGR +0.3%, ASH +0.3%, BHE +0.1%
Companies trading higher in after hours in reaction to news: LCID +5.9% (announces large EV purchase deal with Saudi Arabia), IAC +5% ($60 mln equity investment led by Thoma Bravo), GLPG +4.3% (names new chairman), TENB +3.5% (to acquire Bit Discovery for $44.5 mln), ARLP +2.3% (increases dividend; provides prelim qtrly results), AIMC +0.3% (authorizes new $300 mln share repurchase program), ISLE +0.3% (to combine with Cytovia Holdings), XOM +0.1% (announces new discoveries offshore Guyana)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NCR -17.4%, FFIV -8.7%, JNPR -6.9%, EW -5.2%, COF -4.6%, TXN -4.2%, GOOG -2.9%, QS -2.9%, EQR -2.7%, MKSI -2.6%, CNI -2.5%, APAM -1.7%, MDLZ -0.7%, CB -0.5%, EGP -0.4%, HA -0.3% (also suspends full year guidance), IEX -0.2%, UDR -0.2%, FCPT -0.1%, ZWS -0.1%
Companies trading lower in after hours in reaction to news: SEV -11% (launches proposed follow-on offering of 10 mln shares), DCPH -5.4% (announces $150 mln stock offering), HOOD -3.1% (eliminates 9% of its full-time employees), DMTK -2% (expands access to its telehealth application), CGC -1.1% (announces cost reduction actions to accelerate profitability), AMGN -1.1% (MOLN to regain global rights for MP0310 from AMGN), MET -0.9% (increases dividend), TWTR -0.9% (discloses $1 bln parent termination fee in merger agreement with Elon Musk), BG -0.5% (announces commercial partnership with CoverCress), ETD -0.3% (increases dividend), WM -0.2% (files mixed securities shelf offering), CWT -0.1% (to acquire Kukui'ula South Shore Community Services)