After Hours Summary: SANM +6.1% higher on earnings; CRUS -2.7% initially popped on earnings, but fell during call; WWD -4.8% falls on earnings miss; NYT buys WordleAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SPIR +8.4%, XOS +7.4% (raises guidance for Q4 revs and deliveries), SANM +6.1%, HP +2.7%, KMPR +0.1%, KRC +0.1%
Companies trading higher in after hours in reaction to news: WISH +8.3% (names new CEO), SI +2.6% (acquires blockchain payment net assets from Diem for $182 mln in cash and stock), AWH +1.7% (announces addition of 465,000 covered lives), CSWC +0.4% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: WWD -4.8% (also increases dividend and announces $800 mln share buyback plan), HLIT -4.3%, CRUS -2.7%, AXTA -2.3%, NXPI -1.2% (also approves 50% dividend increase; approves $2 bln share repurchase program), ARE -1%, AGNC -0.4%, JJSF -0.1%
Companies trading lower in after hours in reaction to news: XMTR -6.7% (announces $250 mln convertible notes offering in private placement; also provides Q4 revenue guidance), INN -4.5% (COO to retire), NYT -0.8% (acquires word game Wordle for "low seven figures", according to NY Times), VERI -0.8% (stock offering), NVST -0.4% (extends commercial relationship with Pacific Dental Services), NLY -0.4% (files mixed securities shelf offering), AMGN -0.4% (AMGN and NVS amend license and collaboration agreement), EA -0.3% (EA hires MSFT exec Chris Suh as its new CFO), MSFT -0.3% (EA hires MSFT exec Chris Suh as its new CFO), LMT -0.2% (awarded $1.4 bln Air Force contract; Sikorsky Aircraft awarded $680 mln Navy contract), SRE -0.1% (co and Mexico's FEC sign MOU for development of natural gas supply projects)