After Hours Summary: OKTA +15.9% up big on earnings; GCT -13.8% and EBS -8.5% head lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OKTA +15.9% (also announces milestone related to AWS), DAVE +8.9%, NFE +8.4%, NATL +5.9%, HSII +5.5%, RPAY +5.3% (also files stock offering), RILY +4.6% (also completes sale of Atlantic Coast Recycling, suspending going private transaction), CON +4.4%, ADMA +4.2% (also delaying 10-K filing), GTLB +2.4%, SMR +2.4%, ASTS +1%, WTI +0.3%
Companies trading higher in after hours in reaction to news: WMB +2.6% (to invest $1.6 bln to provide power generation), PAAS +2% (NCIB renewal), ACMR +1.9% (tool qualified by manufacturer in China), CIFR +1.8% (stock offering), CORT +1.2% (FDA files NDA for Relacorilant), TXG +0.9% (secures injunction against Parse Biosciences), NABL +0.8% (to delay 10-K filing), DNUT +0.8% (names new COO), RKLB +0.6% (schedules first of multiple launches for iQPS), AJG +0.6% (acquires RMA General), BWMX +0.4% (appoints new CFO), CLS +0.4% (files mixed shelf), AXP +0.2% (increases dividend), SRPT +0.1% (files mixed shelf), YEXT +0.1% (introduces AI agent), ANIP +0.1% (FDA approval of Purified Cortrophin Gel), IRWD +0.1% (to delay 10-K filing), RWT +0.1% (files mixed shelf), BMO +0.1% (files $75 bln mixed shelf)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GCT -13.8%, EBS -8.5%
Companies trading lower in after hours in reaction to news: DSP -11.4% (acquires Lockr), ATEC -9.5% ($300 mln convertible offering), PLUG -3.3% (path to profitability), ICFI -2.8% (two big contracts of over $210 mln), SJM -1.6% (closes on transaction to divest Cloverhill and Big Texas brands), ACI -1.5% (COO assuming role of CEO), RGEN -1.2% (to delay 10-K filing), LOGI -1% (COO transitioned to President of Logitech for Business), DOMO -0.3% (partners with Koantek), CTO -0.1% (acquires Lifestyle Center), RLGT -0.1% (acquires Transcon Shipping), VRE -0.1% (stock offering)