After Hours Summary: TEAM +18.9%, KLAC +4.3%, INTC +3.5%, AAPL +3.2% higher on earnings; DECK -15.8%, BZH -9.3%, OLN -8.2% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TEAM +18.9%, VIAV +15.2%, EMN +6.2%, ATGE +6.1%, CACC +5.8%, SKYW +4.8%, KLAC +4.3%, CVCO +3.8%, INTC +3.5%, AAPL +3.2%, TBBK +2.6%, LPLA +2.3%, PMT +2.1%, TFSL +1.5%, V +1.3%, ABCB +0.1%, STEL +0.1%
Companies trading higher in after hours in reaction to news: CIFR +18.9% (announces $50 mln PIPE investment from SoftBank), ALL +1.5% (to sell its Group Health business to Nationwide for $1.25 bln), FANG +1.3% (VNOM and FANG announce drop down transaction for $1 bln in cash and units relating to mineral and royalty interests), KRMD +1.1% (announces collaboration with global pharma on phase 3 trial), AROC +0.9% (increases dividend), MSFT +0.5% (starting its performance-based job cuts, according to Business Insider), PII +0.4% (increases dividend), WM +0.3% (shedding 1,000 jobs this year, targeting $450 mln in savings from automation, according to WSJ), CDMO +0.2% (stockholders vote to approve transaction with GHO Capital)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DECK -15.8%, BZH -9.3%, OLN -8.2%, BOOT -7.4%, PFSI -4.4%, APPF -3.2%, HIG -2%, GEN -1.9%, AJG -1.6%, CNI -1.1% (also increases dividend, announces NCIB for repurchases), BKR -0.7%, RMD -0.7%, HTH -0.1%, X -0.1%
Companies trading lower in after hours in reaction to news: WBA -8.3% (suspends dividend), DHX -5.7% (names new CFO), AESI -4% (commences 10 mln share offering), XYL -1.4% (announces restructuring plan, includes workforce reduction; says Q4 earnings will be largely in line with prior guidance), DEO -1.2% (to open a new facility in Alabama), BTMD -0.9% (CEO to retire, names new CEO), FIS -0.9% (increases dividend), VNOM -0.5% (VNOM and FANG announce drop down transaction for $1 bln in cash and units relating to mineral and royalty interests; VNOM launches 22 mln share offering)