After Hours Summary: Very busy earnings night; ETSY +10%, EBAY +7.3%, BKNG +4.7% are key names on upside; ROKU -17.9%, QCOM -6.5%, MGM -3.2% on downsideAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NRDS +19.5%, ELF +11.8%, CFLT +11.6%, HUBS +11%, INFN +10.9%, VMEO +10.5%, ETSY +10%, EBAY +7.3%, RUN +7.1%, EPR +6.7%, ORCC +6.4% (also increases dividend, introduces supplemental div, also $150 mln stock repurchase auth), PCOR +5.8%, LSI +5.4%, HCC +5.1%, ESTE +5%, RIG +4.9%, HTGC +4.8%, BKNG +4.7%, AMPL +4.2%, CCRN +4.1%, HOOD +3.6%, SU +3.5%, NARI +3.2%, SKT +3.2%, FSLY +3.1%, IIPR +3.1%, WWE +2.8% (also ends investigation into former CEO V. McMahon), EVOP +2.6%, MRO +2.2% (also to acquire the Eagle Ford assets of Ensign Natural Resources for $3 bln), PAA +2.2%, UDMY +2.2%, ALB +2%, CPE +2%, QDEL +2%, QRVO +1.5% (also authorizes new $2 bln share repurchase program), WTS +1.4%, OHI +1.3%, WSC +1.3%, ZG +1.1%, MTG +1%, LAZR +1%, HHC +0.5%, PDCE +0.4%, RPT +0.4%, AFG +0.3%, CDAY +0.3%, KW +0.2%, MATX +0.2% (also signs contracts with Philly Shipyard to build three new containerships for $1 bln), RELY +0.2%, ALL +0.1% (also raising insurance prices), CRC +0.1%, CW +0.1%, FLT +0.1%, FROG +0.1%, GFL +0.1%, IR +0.1%, KMPR +0.1%, NE +0.1%, PK +0.1%, RGR +0.1%, KRG +0.1%
Companies trading higher in after hours in reaction to news: SPCE +2.5% (Bell Textron and Qarbon Aerospace to manufacture key subassemblies for new Delta class spaceships), PAA +2.2% (ENB and PAA purchase WES's 15% interest in Cactus II Pipeline for $265 mln), MARA +1.4% (publishes Oct 2022 bitcoin production data), PRCH +1.4% (names new CFO), TYRA +1.1% (CFO to step down), EXC +1.1% (CEO to retire; COO to become new CEO), GEVO +0.9% (announces 5-year, $165 mln agreement with Iberia Airlines), HII +0.5% (increases dividend), DAR +0.3% (to purchase Miropasz Group for €110 mln), COST +0.2% (reports Oct comps), CHCT +0.2% (files mixed securities shelf offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TNDM -23.1%, ROKU -17.9% (also CFO to step down), LNC -16.3%, LUMN -14.8% (also enters into exclusive arrangement for the proposed sale of Lumen's EMEA business to Colt for $1.8 bln), ATUS -13.8%, MRVI -11.5%, RPD -11.5%, FTNT -11.2%, QLYS -9.6%, RGLD -7.1%, VSTO -6.9%, RDN -6.6%, QCOM -6.5% (also AAPL will keep QCOM chips next year, according to Bloomberg), STAA -6.5%, MKSI -6.2%, ACAD -5.8%, CTSH -5% (also authorizes $2 bln increase to its share repurchase program), CXW -5%, ASND -5%, BCOV -4.8%, SRPT -4%, YELL -3.9%, CF -3.8% (also authorizes new $3 bln share repurchase program), ECPG -3.8%, NTR -3.7%, RSI -3.6%, VRRM -3.6%, RGNX -3.5%, FSR -3.3%, EVH -3.2%, MGM -3.2%, ALGT -3.1%, SITM -2.8%, HPP -2.5%, NUS -2.5% (also pursuing a more aggressive approach to previously indicated restructuring plans), EVTC -2.1%, RVLV -2% (also to partner with Griffin Gaming to create fashion-centered Web3 mobile gaming experience), SD -2%, KD -2%, ANSS -1.5%, HBM -1.5%, TPC -1.5%, WES -1.4%, EVGO -1.3%, RCII -1%, NSA -0.8%, SRI -0.6%, APA -0.5%, PTRA -0.5%, NGVT -0.4%, ACA -0.2%, MET -0.2%, ES -0.1%, ONL -0.1% (also files $750 mln mixed securities shelf offering; also files for 1.12 offering by selling shareholders; also authorizes new $50 mln share repurchase program), ORA -0.1%, SUM -0.1%, TXG -0.1%, WK -0.1%
Companies trading lower in after hours in reaction to news: PBPB -4.3% (extends contract for CEO thru 2025), KLAC -2.1% (names new chairman), WES -1.4% (ENB and PAA purchase WES's 15% interest in Cactus II Pipeline for $265 mln), IGMS -1.3% (ADCT and IGMS enter into clinical trial collaboration and supply agreement), ENB -0.5% (ENB and PAA purchase WES's 15% interest in Cactus II Pipeline for $265 mln), AAPL -0.5% (will keep QCOM chips next year, according to Bloomberg), CTRA -0.4% (names new CEO), TK -0.2% (CFO to retire), ERF -0.2% (announces sale of remaining Canadian assets), ADBE -0.2% (DOJ is preparing to open investigation of Adobe's $20 bln takeover of Figma, according to Politico)