After Hours Summary: SMTC +3.2%, AA +1.0% higher on earnings; JBHT -1.8%, PRU -1.3% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance:SMTC +3.2%, AA +1.0%
Companies trading higher in after hours in reaction to news:SITC +20.3% (Declared a $3.00-per-share special cash distribution after selling joint-venture interests for approximately $32.4 million.), VRNS +2.8% (Agreed to be acquired by Proofpoint for $49.75 per share in cash, valuing the deal at $6.3 billion.), CBIO +1.8% (Completed ASCEND dose escalation and began enrolling chemotherapy combination expansion cohorts, with initial CR-001 monotherapy data due Q1 2027.)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance:JBHT -1.8%, PRU -1.3%
Companies trading lower in after hours in reaction to news:HY -1.5% (Appoints Matthew Cornell chief financial officer, effective Nov. 1.)