After Hours Summary: Pretty quiet after hours; LOGI -2% lower on news it CEO steps down; MVIS -15.5% lower on mixed shelf; RDNT -7.5% also lower on offeringAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: LL +2.6% (Howard Jonas consortium sends letter to LL strongly encouraging offer made by F9 Investments), GOOG +0.2% (EU regulator blocks Bard chatbot from launching in the region, citing privacy concerns, according to Business Insider), O +0.1% (increases dividend), MRK +0.1% (court rules in favor of co relating to patent)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FITB -2.1% (provides Q2 outlook)
Companies trading lower in after hours in reaction to news: CNVS -28.4% (stock offering), MVIS -15.5% (files mixed shelf securities offering), RDNT -7.5% ($175 mln stock offering), IVAC -7% (to evaluate strategic alternatives, provides sales outlook), KURA -5.7% (commences $100 mln offering), PEPG -2.9% (provides update on planned initiation of Phase 1 study of PGN-EDODM1), UNFI -2.7% (announces regional restructuring), ACAD -2.2% (announces Phase 3 development candidate ACP-101), LOGI -2% (CEO steps down), SR -2% (commences $112 mln stock offering), CVI -1.4% (determines not to pursue a spin-off at this time), DASH -0.3% (CFO sells shares), MITK -0.1% (provides update on Nasdaq listing; reiterates 2022 results and provides 2023 guidance), NCLH -0.1% (CEO sells shares), CFLT -0.1% (updates mid- and long-term targets)