After Hours Summary: SLP -2% slips on earnings; TMUS +1.8% higher on Q4 operating data; GERN -11.3% falls on offeringsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PSNL +10.1% (guides Q4 revs above consensus), RELL +7.6%, IPAR +4.5%, RGP +0.3%
Companies trading higher in after hours in reaction to news: SONX +4.9% (SONX files patent infringement lawsuit against BIOL), LAZR +3.9% (announces production wins for multiple consumer vehicle models), MDXG +3% (commercial launch of Epifix in Japan with exclusive distribution agreement with Gunze Medical), HA +2.7% (HA and BA to defer delivery of ten 787-9 aircraft), TMUS +1.8% (provides key operational data for Q4), ETNB +1.7% (provides business update and outlook), RIG +1.2% (contract awards or extensions for five of its drilling rigs), RIOT +1% (provides Dec production and operations updates), CSII +0.2% (submits 510k premarket notification to the FDA for its thrombectomy devices), JNJ +0.2% (consumer health unit Kenvue files IPO docs with SEC), ADC +0.1% (announces record 2022 investment activity & provides update on capital markets activities)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SLP -2% (also updates strategy; also announces $50 mln share buyback auth)
Companies trading lower in after hours in reaction to news: GERN -11.3% (files mixed securities shelf offering; also files $175 mln stock offering), YMAB -7% (undergoes restructuring plan; provides financial outlook), MGY -1.9% (reports Q4 oil and gas production volumes), ZYME -0.8% (provides corporate update on key strategic priorities and outlook for 2023), SMR -0.8% (completes submission of SDA application to US Nuclear Regulatory Comm), BA -0.2% (HA and BA to defer delivery of ten 787-9 aircraft)