After Hours Summary: NCNO +11.9%, NOAH +3.8% higher on earnings; GME -14.4%, CNXC -3% lower on earnings; MRK +4.8% as FDA approves Winrevair; ROIV +5% higher as it will join S&P MidCap 400
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NCNO +11.9%, NOAH +3.8%, OUST +3.5%
Companies trading higher in after hours in reaction to news: STKS +16% (to acquire Safflower Holdings, owner of Benihana, for $365 mln), ROIV +5% (to join S&P MidCap 400), MRK +4.8% (FDA approves Winrevair), STOK +4.2% ($75 mln stock offering), BTBT +3.9% (customer proposes expansion by 2,048 GPUs), RUN +3.7% (to move to S&P SmallCap 600 from S&P MidCap 400), GPRO +3.6% (to reduce global workforce by 4%), ZVRA +2.8% (reports data from Phase 2 trial of KP1077), EAF +2.4% (names new CEO), MNKD +0.8% (CFO to retire; names new CFO), NVAX +0.8% (co and Fujifilm settle disputes), AZZ +0.1% (CFO to retire; names new CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GME -14.4% (also names new CFO), FRGE -10.5%, CNXC -3%
Companies trading lower in after hours in reaction to news: BWMN -11.1% (commences $50 mln public offering), ANNX -3.3% (files $400 mln mixed shelf securities offering; also reports Q4 results), MITT -0.8% (files $1 bln mixed shelf securities offering), NVO -0.3% (Obesity drug Zepbound on backorder across the US according to Bloomberg), RCKT -0.1% (names new CFO), ZUO -0.1% (files $400 mln convertible notes offering, relates to warrants), GD -0.1% (awarded $311 mln U.S. Navy contract)