After Hours Summary: RXST +17.7%, EVER +15.8%, PLTR +13.5%, CSX +4.1% higher on earnings; LUMN +47.5% as it secures $5 bln in new business; CHGG -18.2%, ZI -12%, TBI -11.6%, MED -8.9% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RXST +17.7%, EVER +15.8%, JELD +15.7%, CSTL +14.4%, PLTR +13.5%, BRBR +9.9%, ENTA +9.6%, ARCT +8.8%, SKWD +8.5%, GSM +7.7%, VTS +7.5%, LCID +7.3% (also announces public investment fund commitment of $1.5 bln), BWXT +7%, MWA +6.7%, CBT +6.2%, ACM +5.7%, PLMR +5.7%, PRAA +5.6%, NVTS +5.5%, PRIM +5.1%, STRL +4.5%, IIPR +4.2%, VMEO +4.2%, CSX +4.1%, SUM +4%, BMRN +3.7% (also announces updated strategy for ROCTAVIAN, to focus on US, Germany and Italy), DH +3.7%, NSA +3.7%, RCKT +3.5%, NCMI +2.8%, HPK +2.2%, SEMR +1.6%, CRSP +1.5% (also files mixed shelf securities offering), MTRN +1.4%, AESI +1.2% (also names new COO; also increases dividend; also will move away from the base plus variable dividend structure to a standalone base dividend), YUMC +1.2% (also CFO to resign), AHR +1.1%, FANG +0.7%, VSTO +0.7%, CSWC +0.4%, GBDC +0.3%, SDRL +0.1%
Companies trading higher in after hours in reaction to news: LUMN +47.5% (secures $5 bln in new business driven by major demand for connectivity fueled by AI), UTI +4.2% (announces next phase of "North Star Strategy" to accelerate growth), LUV +2.5% (Elliott Mgmt discloses 7.0% stake), PACB +2.3% (Precision Health chooses Revio HiFi sequencing system), WEC +2.3% (files mixed shelf securities offering), OPRT +1.4% (announces $245 mln committed warehouse facility), GOOG +1% (plans to appeal ruling), NEXT +0.9% (announces contract), ESPR +0.9% (CMO to step down), HRB +0.7% (names new CFO), NDAQ +0.5% (July trading volume), NUVB +0.2% (stock offering by selling shareholders), GD +0.1% (awarded $1.32 bln U.S. Navy contract modification)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CHGG -18.2%, ZI -12% (also CFO to step down), TBI -11.6%, MED -8.9%, AMRC -7%, TDC -4.1% (also to reduce ~9-10% of global workforce), CAR -3.4%, WTRG -1.9%, SPR -1.6% (also provides 737 program update), HIMS -1.5%, SPG -1%, O -0.8%, WMB -0.8%, BCC -0.6%, KMPR -0.6%, EHC -0.1%, HLIO -0.1%, HUN -0.1%
Companies trading lower in after hours in reaction to news: RZLT -4.3% (files for 4.5 mln shares by selling shareholders), ICE -2.8% (ICE and MKTX to connect liquidity networks), LGIH -2.2% (reports July home sales), CNM -1.7% (opens new facility in Idaho), SFBS -0.3% (files mixed shelf securities offering), ASR -0.2% (July passenger traffic), VLRS -0.1% (July passenger traffic), PCT -0.1% (names non-executive chairman), ESS -0.1% (files mixed shelf securities offering)