After Hours Summary: Some high profile names report earnings -- INTC +8%, AMZN +5.8%, AAPL -1.8%; others reporting include TEAM +16.7%, TREE +5.2%, CUBE +4.6%, ASUR -19.9%, BJRI -8.3%, FOXF -8.3%
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TEAM +16.7% (also authorizes new $1.5 bln share repurchase program), CDXC +15.5%, HALO +12.5%, MTZ +9%, INTC +8%, AMZN +5.8%, TREE +5.2%, CUBE +4.6%, DORM +4.1% (also authorizes new $500 mln share repurchase program), SON +2.7%, GDYN +2.4%, CON +2.1%, LOCO +2%, X +1%, LNT +0.9% (also expects to increase dividend in FY25), JNPR +0.8%, SKYW +0.8%, SPNT +0.8%, ARDX +0.2%, SEM +0.2% (also authorizes new $1 bln share repurchase program), ZYME +0.2%, CPT +0.1%, RGA +0.1%
Companies trading higher in after hours in reaction to news: EOSE +9.6% (achieves all four of the second performance milestones), MYO +5.6% (MyoPro to be provided to patients covered by private insurance), ABT +5.4% (cleared of liability in latest preterm formula case, according to Reuters), CDZI +3.6% (enters into LoI with infrastructure fund), KRMD +2.1% (presents data), EE +2% (increases dividend), SUPN +1.8% (announces data in a poster presentation), REGN +1% (files mixed shelf securities offering), CCCC +0.9% (files for stock offering by selling shareholder; also files $400 mln mixed shelf securities offering), VSTM +0.3% (completes rolling NDAs for avutometinib/defactinib), MEC +0.3% (MEC and PTON resolve litigation), ESGR +0.1% (completes loss portfolio transfer with QBE)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ASUR -19.9%, BJRI -8.3%, FOXF -8.3%, RMAX -5.8%, CUBI -5.5%, KWR -2.8%, ALG -2.7% (also authorizes new $50 mln share repurchase program), SM -2.4%, AMCR -2.1% (also to sell its 50% interest in Bericap North America for $122 mln; also raises dividend), EMN -2.1%, AAPL -1.8%, CAR -1.8%, COHU -1.3% (also its Neon platform was selected by storage customer), TNC -1.1% (also increases dividend), EGO -0.9%, UNF -0.8% (also to delay 10-K), AES -0.7%, IR -0.5%, ACCO -0.3%, CTRA -0.1%, LMAT -0.1%, ONTO -0.1% (also acquires Lumina Instruments)
Companies trading lower in after hours in reaction to news: ARBE -19.8% (stock offering), ASPI -8.4% (stock offering), PTON -1.6% (MEC and PTON resolve litigation), CWST -0.9% (files mixed shelf securities offering), COF -0.5% (CFPB is considering an enforcement action), BMY -0.3% (presents data from the EMERGENT program), WCC -0.1% (to acquire Ascent), JPM -0.1% (to pay $151 mln to resolve SEC enforcement actions)