TheChek News Flow

Companies trading higher in after hours in reaction to earnings/guidance: SITM +31.4%, SOUN +18.7%, AEVA +18.1% (also launches optical connectivity unit; also CFO transition), CAI +16.7% (also authorizes $100 mln buyback program), PAYC +16.1%, CLOV +12.6%, FWRD +11.3%, VIR +10.3%, HNST +10.1%, VECO +9.5% (also lands LUMINA+ MOCVD system order for InP laser manufacturing), RELY +8.8%, ARQT +8.7%, RDW +8.5%, MGNI +7.9%, CHYM +7.6%, MATV +7.6%, EHC +6.4%, GTM +6.3%, TPC +6.2%, SEI +6.2%, LB +5.7%, EOLS +5.5%, MSI +5.4%, TROX +5.3%, WTS +4.4%, KRO +4.3%, KLIC +4.2%, ORA +4.2%, ALNT +4.2%, GDRX +4% (also CFO to depart), KNTK +3.5%, TRUP +3.3% (also authorizes $100 mln share repurchase program), ARRY +3%, NVST +3%, SDGR +3%, SOLV +2.9% (also to pursue separation of Health Information Systems business), HCC +2.8%, HHH +2.8%, SBGI +2.4%, CGNX +2.4%, WES +2.1%, VAL +2.1%, DGII +2%, VSEC +2%, CXW +2% (expands buyback program by $500 mln), DHT +2%, MGY +1.9%, PTGX +1.9%, SM +1.8%, OXY +1.8% (also increases dividend), LTC +1.8%, FNF +1.8%, DEC +1.8%, MCK +1.7%, VIAV +1.5%, DOX +1.5%, SRPT +1.4%, GT +1.4%, CACI +1.3%, PR +1.3%, WBI +1.3%, O +1.2%, ALB +1.2%, IONQ +1.1%, EZPW +1.1%, EXPE +1%, BBDC +1%, LEU +0.9%, EBAY +0.8%, RIG +0.8% (also fleet status update), DASH +0.7%, RGLD +0.7%, NOVT +0.6%, APA +0.5%, WMG +0.5%, XNCR +0.4%, JOBY +0.4%, ALL +0.4%, MTDR +0.3%, OBDC +0.3%, ECPG +0.2%, INVA +0.2%

Companies trading higher in after hours in reaction to news: NNBR +6.9% (preferred-stock refinancing and deleveraging transaction), BKD +3.7% (to buy 17 leased communities for ~$157 mln), DAR +2.7% (authorizes $1 bln share repurchase program), ASYS +2.1% (names new CEO and exec Chair), VAL +2.1% (fleet status report), HDSN +2.1% (awarded $210.4 mln Defense Logistics Agency contract), BSX +1.9% (CEO insider purchase), LTC +1.8% (closes $95 mln seniors housing acquisition in Minnesota), DEC +1.8% (Chairman to step down), RAIL +1.1% (adopts limited-duration stockholder rights plan), YSS +0.8% (CFO to step down), COST +0.7% (July comps), TSCO +0.6% (CEO insider purchase), NDAQ +0.5% (reports July volumes), GLOO +0.3% (to acquire Cedarstone)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: BLLN -28.7%, LZ -21.9%, MIRM -19.7%, HUBS -19.7% (authorizes $1 bln buyback program), CLFD -17.2%, FIG -16.9%, APP -16.1%, VRRM -15.3%, DAVE -15.2%, UTI -15.1%, RUN -14.5%, LFMD -13%, BROS -11.7% (also to acquire 65 Salad and Go site assets), DUOL -11.3%, WDC -11.1%, ROOT -11%, KYVO -10.7% (also to acquire Agency team and technology), HONA -10.3%, ZG -8.1%, ELA -8.1%, QGEN -6.9%, SNEX -6.9%, ERII -6.9%, BMBL -6.6%, FSLY -6.6%, XNDU -6.6%, AXON -6.5%, AMSC -6.3%, GRAL -6.3%, CF -6.3%, SMR -5.5%, TS -5.5%, SNDK -5.4% (also authorizes additional $14 bln share buyback), CRUS -4.8%, EXEL -4.8%, MUSA -4.8% (also increases dividend), SYM -4.6%, MELI -4.6%, CDE -4.6%, ELF -3.5%, MFC -3.5% ($3.2 bln long-term car reinsurance transaction with Munich Re), MNKD -3.4%, ATEN -3.4%, ABCL -3%, MUR -2.9%, SATL -2.9%, HLF -2.8%, ADMA -2.4%, RVMD -2.4%, RYN -2.1% (also completes timberland swap with RMS), PTRN -2%, NWSA -2%, POWI -1.7%, XYZ -1.7%, FIP -1.7%, PTLO -1.5%, TTMI -1.3%, EVCM -1.3%, STE -1.2% (also restructuring), NTR -1.1%, ETSY -1% (also authorizes new $2 bln buyback program), MKSI -1%, TFPM -0.8%, UUUU -0.7%, AMPL -0.3%, HST -0.2%

Companies trading lower in after hours in reaction to news: CLS -12.3% (stock offering), UWMC -10.9% (partnership with oaktree, suspends common dividend), RDVT -8.2% (stock offering), CRM -5.3% (Chief Engineering Officer to step down), HLF -2.8% (CFO to retire, names successor), CRCL -1.7% (files mixed securities shelf offering), EVCM -1.3% (CEO to step down, names next CEO), CMPS -1.2% (files mixed securities shelf offering), BLBD -0.9% (Ford deal to take over next-gen F-53/F-59 stripped chassis program), PACB -0.8% (names COO as new CEO)