After Hours Summary: PANW -4.2% lower on earnings; WOLF -58.2% on WSJ report it's preparing to file for bankruptcy; TOL +5.4% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FINV +6.9%, TUYA +5.9%, KEYS +5.5%, TOL +5.4%, EVLV +2.9%, MOD +1.8%, JHX +1.1%, XP +0.5% (also authorizes new R$1 bln share repurchase program; also approves cancellation of existing treasury Class A shares), ZTO +0.3%
Companies trading higher in after hours in reaction to news: KHC +2.2% (has been evaluating potential strategic transactions; also Berkshire will no longer hold Board seats), SDHC +1.5% (two directors disclose insider buys), GD +0.3% (awarded a $199 mln US Navy contract), ORKA +0.2% (first participants dosed in Phase 1 Trial of ORKA-002), NOC +0.2% (increases dividend), RBC +0.1% (RBC to acquire VACCO Industries from ESE for $310 mln), SWX +0.1% (SWX offering 9 mln shares of CTRI)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PANW -4.2%, VSAT -0.8%
Companies trading lower in after hours in reaction to news: WOLF -58.2% (preparing to file for bankruptcy within weeks, according to WSJ), QXO -10.2% (launches stock offering totaling $1 bln), CTRI -6.7% (SWX offering 9 mln shares of CTRI), CRI -6.7% (lowers dividend), GRDN -6.4% (announces launch of 7.5 mln share offering, comprised of 6,059,553 shares by selling stockholders and 1,440,447 newly issued shares offered by Guardian), CIFR -6.3% ($250 mln convertible notes offering), GTX -5.5% (announces 17 mln share offering by selling shareholders; 2 mln share concurrent repurchase by GTX), TTWO -3.9% ($1 bln stok offering), TPG -3.8% (DB Holdings to offer 21 mln shares), NU -3.8% (COO stepping down), IONQ -0.8% (partners with Sweden's Einride to develop quantum supply chain), VLY -0.6% (stock offering by selling shareholder), LOGI -0.4% (increases dividend), UBER -0.3% (Musk says Tesla sees no need to buy UBER, according to CNBC), ESE -0.1% (RBC to acquire VACCO Industries from ESE for $310 mln), NIC -0.1% (increases dividend), BAM -0.1% (files for $2.5 bln mixed securities shelf offering), TSLA -0.1% (Musk confirms Tesla plan for robotaxis, says Tesla has seen seen a major rebound in demand, sees no need to buy UBER, according to CNBC)