After Hours Summary: UGI CEO steps down; ORRF and CVLY to merge; AMGN increases dividend
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: CCCC +12% (announces CFT7455 Phase 1 trial data), SOS +2.5% (ADS offering), TTC +2.4% (increases dividend), VET +1.4% (announces 2024 budget and updated return of capital framework; increases dividend), HBNC +1.3% (executes a balance sheet repositioning), XPEV +0.6% (BABA discloses a 12.5% passive stake), BEN +0.4% (increases dividend; authorizes repurchase of up to 27.2 mln addl shares), BBAI +0.3% (awarded $17.9 mln extension on Phase 2 of U.S. Army GFIM OTA), AMAT +0.2% (partners with Ushio to accelerate roadmap for heterogeneous integration of chiplets into 3D packages), SHEL +0.2% (announces final investment decision for three Gulf of Mexico wells), CALM +0.2% (facility in Kansas tests positive for Avian flu), PFE +0.2% (announces changes to its commercial ops following SGEN acquisition), WBD +0.2% (Tubi streaming service expands content deal with WBD), XPO +0.2% (to acquire 28 service centers as part of Yellow's bankruptcy), O +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None
Companies trading lower in after hours in reaction to news: CRBU -0.9% (provides regulatory update on CB-010 with Phase 3 trial initiation expected by YE24), COMP -0.7% (COO to depart; COO role to be eliminated), EFC -0.3% (AAIC shareholders approve merger with EFC), ORI -0.2% (files for 600,000 share offering in connection with Shareholder Purchase & Reinvestment Plan), RBA -0.1% (names new CFO), GWW -0.1% (to sell E&R Industrial Sales)