After Hours Summary: TOST +11.1% higher on earnings; OLO -29%, LAW -22.3%, ILMN -15.2%, EXFY -14.5% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PAYO +18.7%, TOST +11.1%, LZ +6.5%, PDFS +4.1%, JOBY +3.7%, INDI +3.3%, SAND +3.2%, VIAV +2.3%, AQN +1.7%, FLO +0.8%, RKLB +0.7%, SWIR +0.5%, UP +0.4%
Companies trading higher in after hours in reaction to news: GWH +14.4% (to partner with Energy Storage on iron flow batteries using ESS technology in Australia, New Zealand and Oceania), PCT +10.1% (provides Q2 operational update), JJSF +5% (increases dividend), RCEL +2.7% (announces topline results for its trial evaluating the RECELL System), TK +2.5% (authorizes new $30 mln share repurchase program), CELU +2.2% (files $450 mln mixed securities shelf offering), HLLY +1.8% (stock offering), TU +1.4% (receives court approval and key regulatory approvals for its proposed acquisition of LifeWorks), AEM +1% (provides update on YTD exploration results), NVS +0.9% (two children have died from acute liver failure after being administered Zolgensma, according to STAT News), AAPL +0.1% (asks suppliers to build same number of iPhones for sale this year as it did last year, according to Bloomberg), JNJ +0.1% (to no longer sell talc-based baby power globally in 2023, according to Reuters)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: OLO -29%, LAW -22.3%, ILMN -15.2%, EXFY -14.5%, SST -8.2% (also authorizes $25 mln stock and warrant repurchase program), FORG -7.8%, POSH -5.3%, SMRT -4.1%, MCW -3.3%, VET -2.6% (also increases dividend), CDRE -1.9%, WPM -1.9%, ATGE -1.6%, EDR -1.5% (also acquires majority stake in Barrett-Jackson), CORZ -1.2%, RYAN -0.9%, RIVN -0.7%, VTEX -0.7%, RMD -0.2% (also increases dividend)
Companies trading lower in after hours in reaction to news: CERT -8.9% (announces 7 mln share offering by selling shareholders), INSP -1.7% (commences 1 mln share offering), BLK -1.2% (launches a spot bitcoin private trust), FPI -0.2% (stock offering), CPA -0.1% (reports July traffic)
