After Hours Summary: PI +15.2%, CYH +14%, NOW +10.8%, TXN +4.8%, WHR +4%, LRCX +3.5% higher on earnings; FAST +2.3% on 2-for-1 stock split; RHI -15.3%, ALK -7.7%, IBM -6%, LUV -3.6%
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PI +15.2%, CYH +14%, NOW +10.8% (also announces various collaborations), RMD +7.5%, HBNC +5.8%, OII +5.7%, PEN +5.7%, TXN +4.8%, MC +4.5%, TYL +4.3%, RS +4.2%, ESI +4.1%, URI +4.1% (also authorizes new $1.5 bln share repurchase program), WHR +4%, IMAX +3.9%, LRCX +3.5%, MTDR +3% (also authorizes new $400 mln share repurchase program), GGG +2.7%, CSL +2.5% (also increases share repurchase target to $1 bln for 2025), QS +2.4% (also enters collaboration with Murata), BANC +2% (also increases share repurchase authorization to $300 mln), MOH +1.9%, MTH +1.9%, DFS +1.5%, EW +1%, NEM +0.8%, CHE +0.6%, EGP +0.1%, EPRT +0.1%, FAF +0.1%, LVS +0.1% (also increases share repurchase authorization to $2 bln), RNR +0.1%, ROL +0.1%
Companies trading higher in after hours in reaction to news: CADL +14.1% (announces oral presentation of Phase 3 CAN-2409 results), CRDF +4% (granted a patent), FAST +2.3% (approves 2-for-1 stock split), MLYS +2.1% (NEJM publishes results from Phase 2 Advance-HTN trial), CRVS +2% (to present data from Phase 1 trial of Soquelitinib), RKLB +1.9% (selected by KTOS to launch first full-scale hypersonic test), INSM +1.9% (NEJM publishes results from Phase 3 ASPEN study), VSTM +1.5% (FDA clears Investigational NDA of VS-7375), MPX +0.9% (files $150 mln mixed shelf offering; also files for offering by selling shareholders), GPRK +0.4% (reports Q1 operational update), ET +0.3% (increases dividend), SUN +0.3% (increases dividend), PLX +0.3% (CFO to step down), HOMB +0.3% (increases dividend), ALSN +0.1% (selected by all three OEMs in India's FICV program), GM +0.1% (to increase production at Ohio plant, according to Reuters), NG +0.1% (files mixed shelf securities offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RHI -15.3%, ALK -7.7%, IBM -6%, LOB -5.9%, VRE -5%, VIST -4.7%, GSHD -4.5% (also authorizes new $100 mln share repurchase program), CVBF -4.1%, CCS -3.9%, KNX -3.6%, LUV -3.6% (also proactively reducing capacity in 2H25 due to lower demand), CHDN -3.4% (also to pause projects to develop The Skye, Conservatory and Infield areas), KALU -3.3%, CLB -3%, NEU -2.8%, RJF -2.3%, ORLY -2.1%, TFII -2%, CMG -1.9%, CACI -1.8%, SIGI -1.8%, VKTX -1.1%, ASGN -0.7%, WU -0.5%, MXL -0.3%, RLI -0.2%
Companies trading lower in after hours in reaction to news: JACK -7.5% (provides Q2 guidance and long-term plan update; launching strategic alternatives process for Del Taco; discontinuing dividend), TATT -4.1% (files $70 mln mixed shelf offering; also files for offering by selling shareholders), COLB -2.2% (COLB to acquire PPBI, also reports earnings), HOG -1.5% (activist issues letter), MCB -0.2% (eyes Q3 for potential dividend)