After Hours Summary: MU -3.2% lower on earnings; ELA +15.4%, DLO +7.9%, and FIVE +6.1% higher on earnings; HTFL -6.6%, PICS -6.2%, RCAT -2.6% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ELA +15.4%, DLO +7.9% (also authorizes new $300 mln share repurchase program), EQPT +7.9%, FIVE +6.1%, FDMT +0.9%
Companies trading higher in after hours in reaction to news: GOAI +5.6% (files for $250 mln mixed securities shelf offering), RKLB +2.9% (secures $190 mln contract for HASTE launches), COTY +1.4% (revamps Board), LOGI +0.6% (authorizes new $1.4 bln share repurchase program), GD +0.5% (awarded a $15.3 bln modification to Navy contract), NAMM +0.4% (names new CEO), PSN +0.3% (fields first phased array antenna for satellite command and control), SOUN +0.3% (CFO to step down), CRML +0.3% (stock offering by selling shareholders), CEG +0.3% (to sell a portfolio of generation assets in PJM to LS Power valued at $5 bln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HTFL -6.6%, PICS -6.2%, MU -3.2% (also increases dividend), RCAT -2.6%, ARX -0.5% (CFO departs, names successor; also authorizes new $200 mln share repurchase program)
Companies trading lower in after hours in reaction to news: GRDN -7.1% (stock offering), RCMT -3.1% (to delay 10-K filing), TATT -1.5% (files mixed securities shelf offering), TRON -1% (stock offering by selling shareholders), MRK -0.4% (FDA approves BRAVECTO)