After Hours Summary: NTNX +22.3%, PSTG +6.5%, FIVE +5% higher on earnings; AI -15.9%, MDB -13.3%, OKTA -11.6%, VEEV -11.1%, SMTC -6.9% lower on earnings; NVDA -3.9% as US govt imposes new licenseAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NTNX +22.3%, PSTG +6.5%, FIVE +5%, GEF +2.6%, CRDO +2.3%, S +2.2%, IOT +1.2%
Companies trading higher in after hours in reaction to news: ZFOX +5.6% (stock offering), ARCT +5.4% (obtains BARDA award worth up to $63.2 mln), AMRX +5.3% (submits NDA to FDA for IPX203), BBW +2.6% (authorizes new $50 mln share repurchase program), HWM +2.3% (Elliott Investment Mgmt lowers stake to 8.8% from 9.89%), DIS +1% (DIS may offer membership program similar to Prime for park discounts or perks, according to WSJ), MKFG +1% (files for 4.1 mln share offering by selling shareholder), DXCM +0.7% (promotes former CTO Jake Leach to COO), NFLX +0.3% (NFLX looking to charge premium prices to advertise on its upcoming ad-supported platform, according to WSJ), COST +0.2% (reports August comps), MOH +0.1% (confirms that Iowa Dept of Health intends to award MOH a Medicaid managed care contract), AMZN +0.1% (DIS may offer membership program similar to Prime for park discounts or perks, according to WSJ)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AI -15.9%, MDB -13.3%, OKTA -11.6%, VEEV -11.1%, SMTC -6.9%, COO -1.9%, SMG -1.4% (also CFO steps down, lowers FY22 FCF guidance, reaffirms all other guidance)
Companies trading lower in after hours in reaction to news: ANAB -16.9% (reports HARP Phase 2 Top-Line Data of Imsidolimab), AVDL -3.9% (files for $500 mln mixed securities shelf offering), NVDA -3.9% (US govt informs NVDA that it has imposed a new license for sales of A100 and H100 chips to China and Russia), ATKR -0.2% (acquires Cascade Poly Pipe & Conduit and Northwest Polymers), GVA -0.1% (becomes the sole California distributor of EZ STREET Asphalt), HEI -0.1% (files for 576,338 share offering by selling shareholder), BA -0.1% (awarded $2.2 bln modification contract by U.S. Air Force; also awarded $927 mln U.S. Air Force undefinitized contract action for four KC-46A aircraft for Israel), XOM -0.1% (XOM and SHEL close to divesting the Aera joint venture, according to Nasdaq.com)
