After Hours Summary: NVDA +5%, VEEV +15.7%, AI +10.7% higher on earnings; HPQ -13.3%, S -12.2%, PSTG -3.7% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VEEV +15.7%, AI +10.7% (also announces renewal and expansion of JV with BKR), A +5%, NVDA +5% (also files mixed securities shelf offering), SNPS +3.2%, NDSN +3%, NCNO +0.8%, ELF +0.6% (also to acquire rhode in $1 bln deal), CRM +0.5%
Companies trading higher in after hours in reaction to news: ORIC +21.4% (data from ongoing phase 1b Trial of ORIC-944; also announces $125 mln private placement financing), TSHA +13.5% (announces pivotal part B Trial Design Details for TSHA-102; also stock offering), POWW +7.1% (names new Chairman/CEO), ALC +4% (FDA Approval of TRYPTYR), MCY +2.2% (COO bought 15000 shares), GOGL +1.8% (CMBT and GOGL to merge), ETON +1.8% (FDA approves KHINDIVI), BGM +1.5% (acquires Xingdao Intelligent and YD Network), TSLA +1.3% (has targeted June 12 launch of Robotaxi service in Austin, according to Bloomberg), JACK +0.5% (names new CFO), SDHC +0.3% (authorizes new $50 mln share repurchase program), LMT +0.2% (awarded a $509.8 mln modification to a previously awarded US Air Force contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HPQ -13.3%, S -12.2%, PSTG -3.7% (also CFO to step down), NTNX -0.9%, ATS -0.1%
Companies trading lower in after hours in reaction to news: TATT -5.3% (commences 4.15 mln share offering, comprised of 1.625 mln shares being offered by TATT and 2.525 mln shares being offered by selling shareholders), HESM -2.4% (stock offering by selling shareholders), AS -0.9% (announces commencement of 35 mln share offering by selling shareholder), CMBT -0.8% (CMBT and GOGL to merge), VSCO -0.4% (has stopped some operations amid a "security incident", according to Bloomberg), KAI -0.2% (awarded $18 mln in orders), MELI -0.1% (Mercado Pago will apply for a banking license in Argentina)