TheChek News Flow

Companies trading higher in after hours in reaction to earnings/guidance: ORCL +6.7%, NMAX +1.7% (issues guidance, also names high profile directors)

Companies trading higher in after hours in reaction to news: FTRE +5% (names new CEO), DAN +3.6% (DAN to sell off-highway business to ALSN for $2.7 bln; also $1 bln capital return authorization), SRE +3.2% (LNG deal with JERA Co.), OSK +2.9% (awarded a $792 mln modification to US Army contract), UHT +2.4% (increases dividend), USFD +2.2% (awarded a max $188 mln DLA contract), MOLN +1.9% (presents data from Phase 1/2a trial of MP0533), WRB +1.3% (increases dividend), CSCO +0.7% (Saudi Arabia taps CSCO and AMD for AI cloud project, according to The Information), BLDP +0.6% (files mixed securities shelf offering), AMD +0.5% (Saudi Arabia taps CSCO and AMD for AI cloud project, according to The Information), MSFT +0.4% (developing a version of its Copilot AI tool for the Dept of Defense, according to Business Insider), M +0.3% (files mixed securities shelf offering)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: SLP -12.4%, OXM -10.1%

Companies trading lower in after hours in reaction to news: HYMC -15.4% ($40 mln offering of units), GME -11% ($1.75 bln convertible notes offering), PPTA -9.9% (announces $300 mln bought deal financing and $100 mln private placement), OKLO -4.4% (commences $400 mln share offering), HPP -4% (commences $600 mln offering to purchase shares of its common stock), NET -2.3% ($1.75 bln convertible notes offering), ERIE -2.3% (cybersecurity incident), DFDV -2.3% (stock offering by selling shareholders), GD -1.8% (awarded a $706.5 mln US Army contract), SSL -1.6% (portfolio drilling and exploration highlights), ALSN -1.3% (DAN to sell off-highway business to ALSN for $2.7 bln), INSM -1% ($650 mln stock offering), ORIC -0.7% (files for stock offering by selling shareholders)