After Hours Summary: OXM -18.1%, LULU -17.9%, GWRE -15.8%, ASAN -11.9%, PATH -7%, AMBA -5.8% lower on earnings; IOT +13.7%, SWBI +10.1%, PL +5.5%, DOCU +4.3% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AOUT +24.2%, CURV +14.8%, BBCP +14.4% (also initiates dividend), IOT +13.7%, SWBI +10.1%, PDEX +8.5%, PL +5.5%, DOCU +4.3%, NX +4%, ZS +0.7% (also to cut about 3% of workforce in restructuring move)
Companies trading higher in after hours in reaction to news: BSVN +2.5% (named winning bidder for 71% stake in Century Financial), BETA +2.1% (Director bought 25,945 shares worth ~$503K), GMED +1% (gets CE mark for Excelsius3D imaging system in EU and UK), S +1% (expands Wayfinder Frontier AI Services with OpenAI Daybreak models), BROS +0.8% (files mixed securities shelf offering), VICI +0.2% (increases dividend), WMB +0.1% (closes $5.5 bln Momentum Midstream acquisition), BEN +0.1% (reports August AUM), RCI +0.1% (new 12-year sublicensing agreement with Quebecor), NEE +0.1% (Dominion Energy and NextEra shareholders approve merger)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EGAN -25%, OXM -18.1%, LULU -17.9%, GWRE -15.8%, ASAN -11.9%, PATH -7% (also names new CFO; also Ashim Gupta will remain COO and give up the CFO title), AMBA -5.8% (also partners with Capgemini on edge and physical AI enterprise deployments; also signs long-term distribution agreement with Macnica for edge AI products)
Companies trading lower in after hours in reaction to news: ADBE -2.2% (names Anil Chakravarthy as next CEO; Shantanu Narayen to become Executive Chair), FLEX -1.7% (to acquire EPC Power for $4.4 bln; deal to bolster AI data center and grid power capabilities), RGP -1.4% (CFO to step down), GD -0.9% (awarded a $194.1 mln modification to previously awarded Navy contract), AVEX -0.4% (expands Florida manufacturing), TMUS -0.2% (CFO to retire, names new CFO), RL -0.1% (COO to retire, names new COO), D -0.1% (Dominion Energy and NextEra shareholders approve merger), NDAQ -0.1% (reports August volumes)