After Hours Summary: NFLX +12.2%, LVS +5.3%, SAP +4.2% higher on earnings; EFX -6.9%, LRCX -5.3%, DFS -2.6%, TSLA -0.8% lower on earnings; COST -0.5% CEO to step down
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NFLX +12.2%, LVS +5.3% (also increases buyback auth to $2 bln), SAP +4.2%, LBRT +3.7%, COLB +1.9%, FNB +1.2%, PPG +0.7%, AA +0.5%, CNS +0.5%
Companies trading higher in after hours in reaction to news: ROKU +2.3% (in sympathy with NFLX earnings), ACHR +2.1% (STLA discloses 15.1% stake in ACHR), MRO +1.8% (DVN mulling M&A activity with MRO and CrownRock according to Bloomberg), PARA +1.1% (in sympathy with NFLX earnings), WBD +1% (in sympathy with NFLX earnings), DIS +0.9% (in sympathy with NFLX earnings), STLA +0.7% (STLA discloses 15.1% stake in ACHR), V +0.4% (chairman to retire, names new chair), PFE +0.3% (expects to price Paxlovid at $1,400 according to WSJ), SMCI +0.3% (SMCI starts shipments of NVDA GH200 grace hopper superchip-based servers), TAK +0.1% (European Commission approves ADCETRIS to treat CD30+ Stage III Hodgkin lymphoma), BUD +0.1% (provides updates re market share recovery plan), PB +0.1% (increases dividend), GOOG +0.1% (cutting at least 40 jobs in its news division according to CNBC)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EFX -6.9%, LRCX -5.3%, ZION -4.4%, DFS -2.6%, SLG -2.6%, CCI -2.2% (also CFO to depart), KMI -1.1%, TSLA -0.8%, STLD -0.4%, MRTN -0.1%
Companies trading lower in after hours in reaction to news: DVN -1.6% (DVN mulling M&A activity with MRO and CrownRock according to Bloomberg), HP -1.4% (supplemental shareholder return plan and planned cap-ex), THG -1.4% (reports Q3 catastrophe losses), COST -0.5% (CEO to step down, names new CEO), VIAV -0.5% (names new CFO), CAAP -0.3% (reports Sept traffic), ALSN -0.2% (X1100-5A3 cross-drive propulsion solution selected for Australian armored vehicle project), MTX -0.1% (increases dividend