After Hours Summary: Sec Yellen appears on CNBC to discuss inflation, the economy, and markets; CCJ -10.9% falls on deal to acquire Westinghouse; LOCO +14.1% pops on special dividendAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ETWO +2.8%
Companies trading higher in after hours in reaction to news: LOCO +14.1% (declares $1.50/sh special div; also authorizes new $20 mln share repurchase program), AMRN +5.8% (issues statement in response to Sarissa), UVE +4.9% (provides update on Hurricane Ian impact), GATO +3.9% (increases production guidance and lowers cost guidance for 2022), ANGI +3.4% (reports Sept performance metrics), AHT +1.8% (reports preliminary Q3 RevPAR of $127), ESTE +1% (purchases 3 mln shares from Warburg Pincus), CLOV +0.6% (receives new Star Ratings for its PPO and HMO Medicare Advantage plans), GE +0.5% (files Form 10 with SEC for planned spin-off of GE HealthCare), GM +0.4% (invests in Queensland Pacific Metals of Australia), IVZ +0.1% (reports September AUM), CTO +0.1% (files $500 mln mixed securities shelf offering), BLD +0.1% (names new COO), BEP +0.1% (CCJ and BEP form partnership to acquire Westinghouse Electric)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None
Companies trading lower in after hours in reaction to news: CCJ -10.9% (CCJ and BEP form partnership to acquire Westinghouse Electric; also announces $650M bought deal offering; also provides Q3 operating update), RCUS -2.2% (files for 11,613,029 offering by selling shareholder), FANG -1.4% (to acquire all leasehold interest and related assets of FireBird Energy), APAM -0.9% (reports September AUM), BBAI -0.8% (CEO steps down; names former IBM exec as new CEO), DICE -0.5% (proposes $250 mln share offering), IAC -0.2% (reports Sept performance metrics), BEN -0.1% (reports September AUM)