After Hours Summary: SWBI +9.3%, SMAR +5.4%, DOCU +3.6% higher on earnings; RH -8.4%, ZUMZ -5.9% lower on earnings; HPP -8.2% suspends dividend
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SWBI +9.3%, SMAR +5.4%, DOCU +3.6% (also increases stock repurchase program by $300 mln), FIZZ +2.1%, BRZE +0.8%, GWRE +0.3%
Companies trading higher in after hours in reaction to news: SPHR +2% (MSGE and SPHR form Crown Properties to manage marquee partnerships), TREX +2% (announces 5-year financial targets), NOTE +2% (stock offering by selling shareholder), MSGE +1.4% (MSGE and SPHR form Crown Properties to manage marquee partnerships), VICI +1.2% (increases dividend), RKLB +0.8% (schedules its next Electron launch), FWRD +0.7% (provides Q3-to-date update), ZM +0.3% (talks with regulators re MSFT competition concerns according to Bloomberg), ETRN +0.1% (names new CEO and several other exec appointments), DIS +0.1% (amends lawsuit against DeSantis, drops all but free speech claim, according to CNBC)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RH -8.4%, ZUMZ -5.9%, PL -5.5%
Companies trading lower in after hours in reaction to news: KRT -14.9% (announces proposed stock offering by mgmt team), HPP -8.2% (suspends dividend), DKL -0.9% (stock offering by selling shareholder), PAGP -0.2% (stock offering by selling shareholders), ELAN -0.1% (launches Varenzin-CA1)