After Hours Summary: STLD +0.7% as it will join S&P 500; TRDA -32.1% falls as FDA places clinical hold; CPRX +3.6% to acquire US rights for FYCOMPAAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HEI +1.4%, SCS +0.9%
Companies trading higher in after hours in reaction to news: BCOR +17.5% (completes sale of TaxAct for $720 mln; authorizes repurchase up to $250 mln through modified Dutch Auction; authorizes repurchase up to $200 mln), SMCI +5.9% (to join S&P MidCap 400), LCID +4% (completes previously announced ATM offering), NETI +3.7% (signs contract to transport and install turbines for a 1H25 project), CPRX +3.6% (to acquire US rights for FYCOMPA from Eisai), TITN +3.5% (to acquire the Idaho dealership assets of Pioneer Farm), LAZY +2.6% (authorizes new $50 mln share repurchase program), GLOP +2.1% (US Treasury and IRS regulations will not affect unitholders), NDAQ +1.6% (CEO also named as Chair), NUVB +1.5% (doses first patient in Phase 1B combination study of NUV-868), SFBS +1.5% (increases dividend), ACGL +1.2% (increases its share repurchase authorization to $1 bln), FUBO +0.9% (multi-year distribution partnership with Scripps Networks), STLD +0.7% (to join S&P 500), IBP +0.1% (acquires ABS Insulating), BANC +0.1% (names new COO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCHN -0.4%
Companies trading lower in after hours in reaction to news: TRDA -32.1% (FDA places clinical hold on IND for ENTR-601-44), RCUS -21.4% (announces results from fourth interim analysis of ARC-7 study), TERN -5.6% (stock offering), GILD -2.8% (announces results from fourth interim analysis of ARC-7 study), TECK -2.3% (to sell Quintette steelmaking coal mine assets for $120 mln), AIR -1.6% (extends its distribution relationship with Leach Intl), ESPR -0.3% (CLEAR Outcomes accepted as clinical trial at industry conf), NUE -0.3% (to build galvanizing line in Fontana, CA), RMAX -0.2% (announces exclusive partnership with Buffini & Co), VICI -0.1% (enters into lease agreement with Hard Rock related to the Mirage), ENFN -0.1% (names new CFO)