After Hours Summary: NTGR +23.4% roaring higher on settlement agreement and raised guidance; OXM -9.1% slides on lackluster earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: NTGR +23.4% (settlement agreement with TP-Link Systems; raises Q3 revenue guidance), BEEP +5.5% (authorizes $10 mln buyback plan), BBW +1.9% (new repurchase program of $100 mln), MOD +1.9% (provides FY27 financial targets), RWT +1.5% (increases dividend), GLPI +1.5% (completes acquisition of land where BALY casino will be constructed), CYH +1.1% (CMO to retire; appoints new CMO), NSIT +0.6% (new stock repurchase program of $300 mln), WRB +0.5% (special cash dividend), PACS +0.1% (finalizes acqusition of 53 skilled nursing facilities), BEN +0.1% (prelim AUM), ACN +0.1% (awarded $1.6 bln U.S. Air Force contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: OXM -9.1%
Companies trading lower in after hours in reaction to news: VNOM -4.4% (acquires subsidiaries for $461 mln; files stock offering), INSG -2.1% (debt reduction and capital structure improvements), AVNW -2% (to delay 10-K), LENZ -2% (files stock offering), EZPW -1.4% (to acquire 53 pawn stores in Mexico), RUM -0.9% (shatters records on debate night), PLTR -0.5% (new wave of customers at AIPCon), MSFT -0.3% (OpenAI raising funds at a $150 bln valuation, according to Bloomberg), AMZN -0.2% (AWS to invest $1.8 bln in Brazil, according to Reuters), SOI -0.2% (completes acquisition of Mobile Energy Rentals), PBR -0.2% (starting up natural gas processing unit), IVZ -0.1% (prelim AUM), SITC -0.1% (spin-off date of its retail properties)