After Hours Summary: QDEL +7.8% pops on strong guidance; HIG -3.6% lower on guidance; LCID -3.9% lower after reporting Q1 production and delivery totalsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TRHC +8.5% (also names new CEO), QDEL +7.8% (guides Q1 revs well above consensus), NRIX +3.7% (also provides corporate update)
Companies trading higher in after hours in reaction to news: PRPL +13.4% (announces cooperative framework with largest shareholder; names new board chair), BMEA +4.5% (to present two preclinical posters), DHT +2.7% (provides Q1 update), SVM +1.5% (reports FY23 production; reiterates FY24 production guidance), CNSL +0.5% (receives "take private" proposal from Searchlight Capital at $4/sh), RKLB +0.2% (ST-16HV now available for commercial use), BBVA +0.2% (BBVA, SAN, BAC want to back Mexico's purchase of power plants from Iberdrola for $6 bln, according to Bloomberg), GTLS +0.1% (expands existing MoU with Wolf Carbon), BAC +0.1% (BBVA, SAN, BAC want to back Mexico's purchase of power plants from Iberdrola for $6 bln, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HIG -3.6% (downside Q1 EPS guidance), TFPM -0.7%, WAFD -0.5%
Companies trading lower in after hours in reaction to news: LCID -3.9% (reports Q1 production and delivery totals), CLPT -1.2% (successful registration of its Neuro Navigation portfolio with Brazil regulatory body), WFC -0.7% (facing US regulatory scrutiny according to NY Post), SAN -0.7% (BBVA, SAN, BAC want to back Mexico's purchase of power plants from Iberdrola for $6 bln, according to Bloomberg), WPM -0.5% (files $2 bln mixed shelf securities offering), MAXR -0.2% (receives Stage II contract extension), ADC -0.1% (increases dividend)