After Hours Summary: SRPT +35.4% higher on restructuring, pipeline prioritization plan; UAL -1.5%lower on earnings; MCRI +15.6%, SPFI +5.3%, AIR +3.7%, REXR +2.2% higher on earnings; STWD -3.3% makes large purchase, offering
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MCRI +15.6%, SPFI +5.3%, AIR +3.7%, REXR +2.2%, SNV +1.5%, SLG +1.4%, AA +0.9%,
Companies trading higher in after hours in reaction to news: SRPT +35.4% (restructuring, pipeline prioritization plan, job cuts, anmes new CFO and COO; provides update on ELEVIDYS label, provides guidance), ADTN +2.2% (Dan Niles comment on X), BPOP +2% (increases dividend; also $500 mln share repurchase program), RIG +1.4% (issues fleet status report), RF +0.7% (increases dividend), FUBO +0.7% (NMAX expands carriage partnership with FUBO), DG +0.3% (CFO to step down), GAIN +0.1% (acquires Global Grab Technologies), PFG +0.1% (reports June AUM),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TFIN -5.5%, FR -2.7%, UAL -1.5%, HOMB -1.1%,
Companies trading lower in after hours in reaction to news: INGR -7.3% (President Trump says Coke to use real sugar), BRCC -6% (stock offering), MP -5.8% (commences $500 mln stock offering), ADM -5.7% (President Trump says Coke to use real sugar), SQNS -5.1% (series of ADS offerings), STWD -3.3% (to acquire Fundamental Income Properties for $2.2 bln; also 25.5 mln share offering), BVN -1.2% (production update), NMAX -1% (NMAX expands carriage partnership with FUBO), UNP -0.9% (increases dividend), BKNG -0.2% (KAYAK for Business signs partnership with HQ)