After Hours Summary: NTAP +11%, WDAY +6.7% higher on earnings; JBL -9.5% falls on lowered guidance, brings down some EMS peers; LVS -4.1% commences $2 bln offering by Adelsons
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FLNC +14%, NTAP +11%, WDAY +6.7%, INTU +0.4%, SPLK +0.2%, HPE +0.1% (also increases dividend)
Companies trading higher in after hours in reaction to news: GME +8.1% (extends momentum following +13% move during regular session), FTCH +5.5% (will not announce Q3 results), OTEX +5.2% (OTEX to divest its AMC business to RKT for $2.275 bln in cash), OLMA +2% (to present new Palazestrant data), RKT +0.4% (OTEX to divest its AMC business to RKT for $2.275 bln in cash), GOOG +0.1% (Google's YouTube is getting into gaming by way of mini-games, Verge says), BA +0.1% (awarded $2.3 bln US Air Force contract modification)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LESL -14.1%, JBL -9.5% (lower guidance, cites softening demand from short-term inventory corrections), AZEK -4.8%, CRWD -1.3%, UNH -0.2%
Companies trading lower in after hours in reaction to news: SEEL -19.8% (commences stock offering; subsequent 15% buyback), VERV -8.3% (announces public offering $35 mln; and concurrent private placement to LLY), FLEX -4.4% (in sympathy with JBL lowered guidance), LVS -4.1% (commences $2 bln offering by selling stockholders, the Adelson family), SANM -1.3% (in sympathy with JBL lowered guidance), MAXN -0.9% (Initiates TOPCon Patent infringement investigation), EA -0.4% (files mixed shelf securities offering), CLS -0.1% (in sympathy with JBL lowered guidance)