After Hours Summary: MU +12.4% on blowout results; QCOM +13% on data-center targets; JPM +0.6% and GS +0.6% plan dividend increases after Fed stress test; SPRY -24.7% under pressure after neffy and guidance update
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MEI +13.1%, MU +12.4%, BNED +7.3% (guidance)
Companies trading higher in after hours in reaction to news: QCOM +13.3% (accelerates diversification with strategy for Data Center; sees multiple inflection points; raises FY29 non-handset revenue target to $40 bln), KMX +3.7% (discloses insider purchases), NTST +3.5% (to join S&P SmallCap 600), CBAN +3.4% (to acquire First Reliance Bancshares in stock-and-cash transaction), CURR +3.2% (strategic restructuring of Indonesian WalletKu subsidiary), KYMR +1.6% (names new Chairman), BMM +1.5% (milestone updates towards advancing its Nussir copper-silver-gold project LMT +0.9% (awarded a seven-year UCA for up to $35 bln to quadruple production of THAAD interceptors), KULR +0.8% (Chairman and CEO releases shareholder letter), JPM +0.6% (stress test results; also intends to increase dividend and authorize new $50 bln repurchase program), GS +0.6% (stress test results; also intends to increase dividend), RTX +0.6% (awarded a $398.7 mln Air Force contract), SCHW +0.1% (Fed stress test results), BAC +0.1% (releases info on Fed Stress test, according to CNBC)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: JEF -1.3%
Companies trading lower in after hours in reaction to news: SPRY -24.7% (update on payer access for neffy and an updated financial outlook for 2026 and 2027). TSHA -4.9% (stock offering), SSRM -1.1% (completes the sale of the Çöpler Mine), USB -0.7% (stress test results; also plans to increase quarterly dividend), ESTC -0.3% (to reduce workforce by approximately 7%)