After Hours Summary: VRNT +18.6%, MDB +13.6%, FIVE +3.8% higher on earnings; PVH -6.3%, DSGX -3.7% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VRNT +18.6%, PL +13.9%, MDB +13.6% (also increases share repurchase authorization by $800 mln to $1 bln), LWAY +5% (guides higher; also announces expanded distribution for several of its top-selling product lines), FIVE +3.8% (also CFO to step down), GEF +2.1%, AGX +0.6%
Companies trading higher in after hours in reaction to news: CBOE +1.4% (reports May volumes), ET +0.4% (BIS says license now required for the export of ethane), IPX +0.3% (awarded a $99 mln US Army contract), SBUX +0.2% (names new COO), RCI +0.1% (receives all league approvals to buy out Bell's 37.5% stake in Maple Leaf Sports), CIGI +0.1% (to acquire a controlling interest in Astris Infrastructure)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BARK -15.1%, PVH -6.3%, DSGX -3.7% (also announces cost reduction initiatives, including 7% global workforce reduction)
Companies trading lower in after hours in reaction to news: CGEM -5.7% (license agreement with Genrix Bio), BV -3.9% (files mixed shelf offering; also files for offering by selling shareholders), CYBR -2.6% ($750 mln convertible notes offering), SNDK -1.1% (SNDK announces launch of 17 mln share offering by WDC, its former parent; relates to debt-for-equity exchange), TMC -1% (TMC and Nauru announce updated sponsorship), AAPL -0.8% (unfavorable appeals court ruling for its App Store, according to Reuters), FOUR -0.5% (names new CEO), COST -0.4% (reports May comps), NMAX -0.4% (stock offering by selling shareholders), WDC -0.3% (SNDK announces launch of 17 mln share offering by WDC, its former parent; relates to debt-for-equity exchange), XPO -0.1% (reports May operating metrics), BEN -0.1% (reports May AUM), TRV -0.1% (files mixed securities shelf offering), UBER -0.1% (appoints PANW CEO Nikesh Arora to its board)