After Hours Summary: WDAY +10.3%, CAVA +7.7%, ROST +5.6% higher on earnings; INTU -2.9% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: WDAY +10.3% (also announces $1 bln share buyback authorization; also announces new partnership with Equifax), CAVA +7.7%, BILL +5.8% (also authorizes new $300 mln share repurchase program), AMSWA +5.8%, ROST +5.6%
Companies trading higher in after hours in reaction to news: RKLB +5.1% (former LMT CFO named to RKLB's Board of Directors), AVDX +3.6% (authorizes first ever $100 mln share repurchase program), TVTX +3.2% (to present abstracts at symposium), IBTA +2.7% (authorizes new $100 mln share repurchase program), PRPL +2.6% (consolidates its mattress production ops), GM +1.2% (Uber and Cruise partner to bring Cruise autonomous vehicles to Uber platform), EFX +0.9% (WDAY and EFX announce strategic partnership to modernize employment and income verification), ALGN +0.8% (pilots Invisalign promotional program on Costco.com), COST +0.1% (ALGN pilots Invisalign promotional program on Costco.com), VSAT +0.1% (awarded a $153.5 mln Defense Information Systems Agency contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: INTU -2.9%
Companies trading lower in after hours in reaction to news: IGT -2.1% (signs instant ticket printing deal for Portugal's national lottery), LPLA -2% (reports July data), UBER -1.9% (Uber and Cruise partner to bring Cruise autonomous vehicles to Uber platform), DRS -1.8% (awarded $49 mln US Army contract), CP -1.8% (Canada govt orders railroads to enter binding arbitration to resolve labor dispute, according to Chicago Tribune), PARA -1.6% (Skydance accuses PARA of violating terms of deal, according to WSJ), LC -0.1% (launches LevelUp Savings), CNI -0.1% (Canada govt orders railroads to enter binding arbitration to resolve labor dispute, according to Chicago Tribune)