After Hours Summary: PANW +8.1% jumps on earnings and 3-for-1 stock split; ZM -8.9%, DLO -8% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PANW +8.1% (also declares 3-for-1 stock split, increases share repurchase auth to $1 bln), AFYA +0.6%, NDSN +0.5%
Companies trading higher in after hours in reaction to news: KKR +3.3% (invests in US renewable energy developer), GERN +2.8% (first patient has been dosed in IMproveMF Phase 1 combination study), KSS +1.8% (director buys 25K shares), FDX +0.2% (co and several airlines awarded a $1.63 bln modification US Transportation Command contract), BHC +0.2% (retains advisers after losing patent on gastrointestinal tract drug Xifaxan, according to WSJ), BA +0.1% (first Boeing commercial satellites delivered since pandemic)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ZM -8.9%, DLO -8%
Companies trading lower in after hours in reaction to news: ASRT -26.4% (to offer $60 mln of convertible senior notes), EGIO -1.7% (names new CFO), LXRX -1.7% (highlights publications relating to Sotagliflozin's Differentiated Dual SGLT1 and SGLT2 Mechanism), SON -0.1% (to raise prices on all recycled paperboard grades sold in EMEA)