After Hours Summary: TREE +11.3%, PLUG +8.9%, LIF +8.7% higher on earnings; OBDC +1% ticks higher on insider purchase; MDB -24%, SGRY -22.4%, CRDO -7.5% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OUST +21.7%, TREE +11.3%, DAVE +9% (also increases share repurchase authorization to $300 mln), PLUG +8.9% (also appoints new CEO), LIF +8.7%, INGM +8.3% (also authorizes new $100 mln share repurchase program), ASAN +7.1% (also names new CFO), AMRC +3.4%, ASTS +2.7%, TDW +2%, CORZ +1.8%
Companies trading higher in after hours in reaction to news: CAPL +1.9% (names new CEO), IAC +1.7% (to sell Care.com to an affiliate of Pacific Avenue Capital Partners for $320 mln), OBDC +1% (Blue Owl Capital: President bought 10000 shares at $11.32 worth ~$113K), ALB +0.1% (completes the sale of a controlling stake in Ketjen), NOC +0.1% (awarded $225 mln modification to Navy contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MDB -24%, SGRY -22.4% (also authorizes new $200 mln share repurchase program), HROW -12.9%, IHRT -8.1%, CRDO -7.5%, PSIX -7.3%, ALG -6.2%, HLIO -5.9%, LMB -5.3% (also relocates headquarters), ACHR -4.7%, BBAI -3.9%, NUVB -3.8%, VTS -2.9% (also to acquire non-operated assets in Campbell and Converse Counties), QUBT -2.6%, RIOT -1.1% (also commences operations on data center lease with AMD), T -0.1% (guidance)
Companies trading lower in after hours in reaction to news: AS -4.3% (stock offering), CRGY -4.3% (convertible notes offering), NRG -3.2% (stock offering by selling shareholders with concurrent $300 mln share repurchase by NRG), HTO -2.8% (stock offering), UNH -0.4% (files mixed shelf offering), XPO -0.2% (reports certain LTL operating metrics for February), NVDA -0.2% (U.S. considers limiting H200 sales to 75,000 per Chinese customer, according to Bloomberg), AXP -0.1% (increases dividend), WM -0.1% (increases dividend), DAC -0.1% (files mixed shelf offering)