After Hours Summary: PI +4.9% higher on solid guidance; ICHR -16.8%, HALO -5.8%, ACLS -1.2% lower on guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PI +4.9%, BLZE +1.9%, TNDM +0.2%
Companies trading higher in after hours in reaction to news: PROK +23.9% (announces publication of trial design for Phase 2 trial of REACT), HKD +9.7% (receives further confirmation that parties will not sell shares before Aug 2024), BLND +8.6% (announces strategic and financial initiatives to achieve path to profitability), CONN +4.9% (FRG is considering going private, also eyeing potential deal to acquire CONN, both according to WSJ), WOLF +0.1% (names new CTO), NOC +0.1% (awarded $464 mln U.S. Air Force contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ICHR -16.8%, HALO -5.8%, ACLS -1.2%
Companies trading lower in after hours in reaction to news: WFG -1% (will indefinitely curtail its Perry Sawmill in FL later this month), BBY -0.9% (BBY looks to take on AMZN with free shipping, according to CNET), TSLA -0.4% (files for $717 mln expansion of Gigafactory Texas, according to Electrek), BKD -0.3% (reports occupancy for Dec), WFC -0.2% (to shrink mortgage exposure; to exit Correspondent business and will reduce mortgage servicing portfolio), FRG -0.1% (FRG is considering going private, also eyeing potential deal to acquire CONN, both according to WSJ), DIS -0.1% (AMZN and DIS-owned ESPN's ratings for NFL lagged competitors, according to Forbes), CNS -0.1% (reports Dec AUM)