After Hours Summary: RH +18.2%, AVGO +11.3% sharply higher on earnings; COST -0.5% a bit lower on earnings; EVGO +13% jumps after closing on US Dept of Energy loan facility
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RH +18.2%, AVGO +11.3% (also increases dividend)
Companies trading higher in after hours in reaction to news: EVGO +13% (closes on $1.25 bln loan facility from the US Dept of Energy), VIR +6.3% (receives FDA Breakthrough Therapy Designation and EMA PRIME Designation for Tobevibart and Elebsiran), CAN +3.2% (to provide 2,000 Bitcoin mining machines to AGMH), RWT +2.6% (increases dividend), BLND +2.5% (partners with PHH Mortgage), EDIT +2.1% (to transition to in vivo gene editing co; to reduce workforce by 65%), BMEA +1.7% (announces presentations of Icovamenib), CIM +1.5% (CIO bought 66000 shares), ASND +1.4% (FDA accepts sBLA for TransCon hGH), DAR +1.4% (CFO to retire, names new CFO), SEIC +1.4% (increases dividend), CORT +0.8% (announces results in treatment phase of CATALYST trial), RDDT +0.7% (Texas Atty Gen launches investigations in Reddit, Instagram), ERIE +0.5% (approves mgmt fee rate; increases dividend), ACA +0.1% (renews its $50 mln share repurchase program), NEU +0.1% (authorizes new $500 mln share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NX -0.8%, COST -0.5%, PBA -0.3%
Companies trading lower in after hours in reaction to news: RPTX -35.8% (announces results of lunresertib and camonsertib combo), CADL -23.7% (launches $80 mln share offering), INO -20.7% (files for stock offering to purchase shares of its stock), WASH -4% (commences $55 mln stock offering), CLSK -2.7% ($550 mln convertible notes offering), NOG -2.1% (enters into Appalachian joint development program), UPBD -1.8% (to acquire Brigit), WPC -0.9% (increases dividend), DCOM -0.9% (provides update on investment portfolio repositioning), EIX -0.8% (increases dividend), META -0.4% (Texas Atty Gen launches investigations in Reddit, Instagram), MG -0.1% (names new COO), PFE -0.1% (increases dividend)