After Hours Summary: SMCI +3.1% on raised DecQ guidance; VRE -9.4% after Kushner Companies noted it is no longer interested in transaction, DFS -6.4%, AA -3.6%, FUL -2.9%, WTFC -2.1% down on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SMCI +3.1% (DecQ guidance), TCBI +0.6%, KMI +0.5%, NCNO +0.4% (guidance and new CFO)
Companies trading higher in after hours in reaction to news: TCMD +1.4% (files $150 mln mixed shelf), IGT +1% (signs patent cross-licensing agreement with Greentube), PGTI +1% (collaborating with GLW), CHK +0.2% (to sell Brazos Valley region), BALY +0.1% (announces workforce reduction)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DFS -6.4%, AA -3.6%, FUL -2.9%, WTFC -2.1%, MATX -0.3% (DecQ guidance), BHP -0.2% (reiterates FY23 production targets)
Companies trading lower in after hours in reaction to news: AKTS -16.9% (proposed public offering; receives first high-volume 5G filter order), OLK -11.9% (files mixed shelf), VRE -9.4% (Kushner Companies not interested in transaction), DCPH -8.8% ($125 mln public offering), VNO -2.5% (reduces quarterly dividend), TPIC -1.8% (collaborating with WindSTAR), VMEO -0.5% (reports December 2022 statistics), AAPL -0.2% (to expand smart-home lineup, according to Bloomberg)