After Hours Summary: RGP +5.2% higher on earnings; CALM -6.5% slips on earnings; ABBV -2.2% slips as CVS Caremark to remove Humira from formularies; SAVE +2% on sale-leaseback transactions
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RGP +5.2%, ASTL +0.2%
Companies trading higher in after hours in reaction to news: KROS +3% ($120 mln stock offering), CIFR +2.8% (60 mw expansion of its bear and Chief Joint Venture data centers and purchase of 16,700 new miners from CAN), FUBO +2.2% (NXST and FUBO reach multi-year distribution agreement), SAVE +2% (completes series of sale-leaseback transactions for 25 aircraft), PRCH +1.9% (new partnerships in its utilities channel), GEOS +1.6% ($30 mln contract win with marine geophysical services provider), CAN +1.5% (secures follow-on purchase orders from JV entities of CIFR and SDIG), SEM +1.4% (to pursue separation of its occupational health services business, Concentra), ADC +1.2% (provides portfolio update), COLD +0.2% (CFO to step down; names new CFO), CVS +0.2% (CVS Caremark to remove ABBV's Humira from its major national commercial template formularies; instead Humira biosimilars will be covered)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CALM -6.5%, SLP -0.4% (also announces leadership changes, including CFO assuming additional role of COO)
Companies trading lower in after hours in reaction to news: OPK -11.3% (commences $200 mln convertible notes offering), DYN -7.9% (commences $175 mln stock offering), ABBV -2.2% (CVS Caremark to remove ABBV's Humira from its major national commercial template formularies; instead Humira biosimilars will be covered), INTC -0.3% (names Justin Hotard as EVP and GM of its Data Center and AI Group), BMI -0.1% (BMI acquires remote water monitoring hardware and software from TRMB), CGNX -0.1% (CFO to resign), CR -0.1% (to acquire Vian Enterprises)