After Hours Summary: TVTX -18.9% under pressure following guidance; RVTY +5.9% and OPCH +4.5% higher on guidance; ORA +3.3% on 20-year PPA with Switch
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RVTY +5.9% (guidance), OPCH +4.5% (guidance; also increases share repurchase authorization to $1 bln), NTST +0.9% (guidance)
Companies trading higher in after hours in reaction to news: SLDB +5.2% (receives FDA Orphan Drug designation for SGT-212), ORA +3.3% (signs 20-year PPA with Switch for ~13MW of carbon-free geothermal capacity), ITRG +1.7% (receives federal permitting schedule for DeLamar Heap Leach Project), W +1% (partners with GOOG to advance AI shopping), FIVN +0.9% (expanded partnership with GOOG), BMRN +0.7% (names new Chief Digital and Information Officer; also guidance), PZZA +0.2% (partners with PAR to power POS and OPS transformation), GD +0.2% (awarded $988 million contract to modernize Navy C5ISR systems)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TVTX -18.9% (guidance), HCAT -0.8% (guidance)
Companies trading lower in after hours in reaction to news: PSNL -1.9% (early access launch of Real-Time Variant Tracker), COHR -0.5% (launches WaveShaper 1000A Sharp), ELVR -0.5% (announces accelerated NAL expansion), MSTR -0.4% (Director bought 5000 shares at $155.88 worth ~$779K), CAVA -0.3% (names new COO), BTDR -0.3% (December production and operations update), AB -0.2% (reports December AUM), ARQQ -0.2% (files mixed shelf offering)