After Hours Summary: PD -14%, ULTA -7.5%, ADBE -7.3%, TTAN -6.3%, S -4.9% lower on earnings; RBRK +3.1% higher on earnings; PAR -22.4% on convertible notes offering
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TOI +16.4%, SVCO +15.5%, KODK +11.8%, ABX +5.8% (also to acquire a $53 mln minority investment in Manning & Napier), RBRK +3.1%, NKTR +2.9%, APEI +2.6% (also authorizes new $50 mln share repurchase program), WPM +1.4%
Companies trading higher in after hours in reaction to news: RILY +8% (retirement of $37.9 mln debt through bond-for-equity exchanges and repurchases), CSTM +3.7% (authorizes new $300 mln share repurchase program), DY +2% (to build flagship digital infrastructure training center), ACET +1.4% (files for $250 mln mixed securities shelf offering), CRML +0.8% (US advances critical minerals discussions with the EU and Japan on price floor, according to Bloomberg), COHR +0.4% (announces advancements in its scale-across portfolio), GRAL +0.4% (CEO to retire, names new CEO), ETN +0.3% (completes acquisition of Boyd Thermal business), CL +0.2% (BMY CEO named to board; also increases dividend), RTX +0.2% (awarded a $266.9 mln modification to Missile Defense Agency contract), AMZN +0.1% (to shift Prime Day sale to June from July, according to Bloomberg), BA +0.1% (awarded a $2.33 bln modification to previously awarded Air Force contract), LMT +0.1% (awarded a $111.5 mln Navy contract),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: OFRM -24.4%, EVCM -22.9%, KLC -22.1%, TBCH -19.1%, PD -14% (also expands its AI integration ecosystem; strategic partnerships with Anthropic, Cursor and LangChain), ULTA -7.5%, ADBE -7.3% (also CEO to transition from his position after a successor has been appointed), TTAN -6.3% (also names new Chief Technology and Product Officer), ZUMZ -5.9% (also authorizes new $40 mln share repurchase program), HNRG -5.1%, S -4.9%, EGY -4.8%, AVO -4.2%, LEN -1.2%
Companies trading lower in after hours in reaction to news: PAR -22.4% ($225 mln convertible notes offering), PODD -6% (initiates voluntary correction for specific lots of Omnipod 5 Pods), AAOI -3.8% (amends sales agreement filing which increases offering to $500 mln of stock from $250 mln), ATRO -1.1% (selected by Boeing to supply fuel tank access doors for 737 MAX program), HOOD -0.9% (February operating data), PATH -0.6% (expanding its alliance with Deloitte), TIC -0.5% (files for $500 mln mixed securities shelf offering), MP -0.2% (US advances critical minerals discussions with the EU and Japan on price floor, according to Bloomberg), WPC -0.2% (increases dividend), DOMO -0.2% (Nine Entertainment selects Domo's AI and data platform)