After Hours Summary: TWLO +10.7% surges on bullish Investor Day, guidance; BA -1.8% lower on Q4 guidance; CSX -4%, TXN -4% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TWLO +10.7% (Investor Day highlights: guides Q4 revs above consensus; also authorizes new $2 bln share repurchase program), GRND +7.7%, EBC +5.1%, CUBI +4.4%, BFST +2.4%, FFBC +2.2%, SLM +2%, COLB +0.4%, FFIN +0.2%
Companies trading higher in after hours in reaction to news: DDD +7.4% (collaboration with Daimler Truck/Daimler Buses), AIZ +1.6% (provides update on LA wildfire impact), LRMR +1.1% (announces dosing of adolescents in study), AYI +0.3% (increases dividend), RIO +0.1% (provides Iron Ore update following Tropical Cyclone Sean)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CVLG -4.7%, CSX -4%, TXN -4%, EWBC -3.8% (also increases dividend; also increases share repurchase auth by $300 mln), ISRG -2.2%, BA -1.8% (projects Q4 revs below consensus; recognizes impacts related to the IAM work stoppage and agreement alongside other charges and costs), GBCI -0.1%, SSB -0.1%
Companies trading lower in after hours in reaction to news: SMLR -12.9% ($75 mln convertible notes offering, intends to use portion to buy bitcoin; also provides Q4 guidance), LULU -2.1% (stock offering), AMCR -0.4% (AMCR and BERY reach milestone towards completing transaction), VALE -0.2% (Vale Base Metals launches strategic review to explore a range of alternatives), GVA -0.1% (wins $88 mln Caltrans contract)