After Hours Summary: PXED +7.9%, LEVI +6.5% higher on earnings; OSCR +6% as CEO bought shares; DBD +3.8% to join S&P SmallCap 600
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PXED +7.9% (also authorizes new $50 mln share repurchase program), LEVI +6.5% (also CFGO to retire)
Companies trading higher in after hours in reaction to news: OSCR +6% (CEO bought 1 mln shares worth ~$11.9 mln), DBD +3.8% (to join S&P SmallCap 600), ASR +1.9% (March traffic), NTNX +1.7% (authorizes $750 mln increase to its share repurchase program), KDK +1.3% (expands autonomous trucking beyond the Sunbelt), RGTI +1.1% (general availability of Cepheus-1-108Q), VALE +0.4% (accelerates Oman maintenance outages, according to Bloomberg), SMCI +0.3% (provides update on investigation), APP +0.1% (names new CTO and new Chairperson), VET +0.1% (reports Q1 production; advances portfolio repositioning)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GBX -5.6%, KRUS -4.1% (also CFO to step down), AEHR -2.5%
Companies trading lower in after hours in reaction to news: TBN -14% (files mixed securities shelf offering), LXU -1.7% (settlement related to construction of ammonia plant), LAND -1.4% (files for $1 bln mixed securities shelf offering), STNG -1.2% ($300 mln convertible note offering and concurrent stock repurchase), GD -1% (awarded $450 mln agreement from US Marine Corps), EQ -1% (stock offering by selling shareholders), SLB -0.7% (collaboration between PETRONAS Suriname E&P), INSM -0.6% (update on Phase 2b CEDAR study; brensocatib did not meet its primary or secondary efficacy endpoints), GRAL -0.1% (collaboration with Epic)