After Hours Summary: SNDK +14.2%, DECK +12.7%, AAPL +1.1% higher on earnings; TSLA +3% on Bloomberg report that SpaceX is considering a merger with Tesla as well as an alternative combination with xAI; USAR +3.8% on insider buy
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SNDK +14.2% (also extends JV with Kioxia; also WDC intends to monetize its 7.5 mln SNDK shares before the one year anniversary of the separation), DECK +12.7%, RHI +7.2%, AJG +3.7%, FHI +2.6%, AX +2.4%, RMD +2.1%, HIG +1.8%, WDC +1.2% (also intends to monetize its 7.5 mln SNDK shares before the one year anniversary of the separation), AAPL +1.1%, ORC +0.8%
Companies trading higher in after hours in reaction to news: PZG +39.9% (receives federal approval for the Grassy Mountain Gold Project), USAR +3.8% (Director bought 100000 shares worth $2.14 mln), TSLA +3% (SpaceX is considering a potential merger with Tesla as well as an alternative combination with xAI, according to Bloomberg), HOOD +2.6% (US could give HOOD a key role in managing "Trump Accounts" for children, according to Bloomberg), VERI +2.3% (major expansion of Veritone Data Refinery suppliers), CMRC +1.9% (expands partnership with Stripe), DCI +1.8% (names new CEO), FIS +1.5% (increases dividend), VOYG +1.2% (breaks ground on major expansion of Voyager American Defense Complex), GCO +0.8% (CFO to step down), PHIN +0.5% (increases dividend; also authorizes $150 mln increase to share repurchase program), ABAT +0.5% (names new CFO), SENS +0.4% (CE Mark approval for the Eversense 365 CGM system), NAVN +0.4% (transitioning Reed & Mackay customers to the Navan platform), OR +0.3% (acquires additional 1.0% NSR royalty), MSFT +0.1% (Perplexity secures AI cloud agreement with Microsoft Azure, according to Bloomberg; also Pentagon at odds with Anthropic on military AI applications, according to Reuters)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PFSI -24.5%, SNDR -16.7%, BZH -12.1%, OLN -10.1%, APPF -9.6%, KLAC -8.3%, CVCO -7%, MXL -6.9%, EMN -4.5%, MTX -3.4%, DLB -3.2%, DXC -2.9%, TFSL -2.5%, LPLA -2.2%, SKYW -2%, V -1.1%, SXI -1%
Companies trading lower in after hours in reaction to news: LXRX -4.9% (stock offering; also also provides updated disclosures to potential investors), KRMD -1.5% (receives FDA 510(k) clearance for delivery of RYSTIGGO), VOR -1.1% (stock offering by selling shareholders), PII -1% (increases dividend), HZO -1% (files for $300 mln mixed securities shelf offering), SEZL -0.9% (CFO to retire; names new CFO), SCHW -0.7% (increases dividend; also announces executive transitions), META -0.7% (U.S. investigating claims that WhatsApp chats are not private, according to Bloomberg), RTX -0.3% (awarded a $1.02 bln modification to Army contract), MDLZ -0.1% (names new COO/CFO) MRNA -0.1% (strategic collaboration with Recordati)