After Hours Summary: SMAR +12%, LULU +10.4%, SMTC +6.3% higher on earnings; CXM -19.6%, FIVE -14.1% lower on earnings; COST -0.1% reports May comps
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SMAR +12% (also authorizes new $150 mln share repurchase program), LULU +10.4% (also authorizes $1 bln increase in share repurchase program), SMTC +6.3%, RNW +4%, BASE +2.2%, GEF +1.6%
Companies trading higher in after hours in reaction to news: RLAY +5.3% (RLAY announces clinical trial collaboration with PFE), HALO +2.3% (granted European patent), NVAX +2.2% (to deliver JN.1 non-mRNA COVID-19 vaccine this fall), TRIN +1.3% (TRIN exits its equity position in CORZ), UHT +0.8% (increases dividend), WY +0.8% (files mixed shelf securities offering), DOMO +0.3% (launches its Integration Suite), RCEL +0.3% (first US burn center treats patient using its RECELL GO System)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CXM -19.6% (also names Trac Pham as co-CEO), FIVE -14.1%, VSCO -3.5%, CHPT -1.8%
Companies trading lower in after hours in reaction to news: LPG -6.6% (2 mln share offering), VTYX -5.3% (announces preclinical data for VTX3232), NN -4.1% (two stock offerings by selling shareholders), ODFL -3.4% (reports operating metrics for May), DX -2.9% (10.5 mln share public offering), HYLN -2.7% (commences manufacturing of additive parts for the KARNO generator), CORZ -1.3% (TRIN exits its equity position in CORZ), BTBT -1.1% (provides May production update), CNA -0.4% (names new CEO), PFE -0.3% (RLAY announces clinical trial collaboration with PFE), CDNS -0.1% (stock offering by selling shareholders), PLTR -0.1% (to unveil new customer and product announcements on Jun 6), COST -0.1% (reports May comps), INTC -0.1% (to use Sharp's Japan LCD plants to conduct research)