After Hours Summary: Weak earnings from SNAP -14.4%, EA -10.9%, MTCH -8.1%, WDC -6.1% are dragging down peers; OI +8.2%, SYK +4%, AMD +1.5% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OI +8.2%, MRCY +6% (also initiates review of strategic alternatives; also CFO to step down), SYK +4%, CACC +3.3%, AMD +1.5%, MDLZ +1.2%, EW +0.7%, BXP +0.2%, ASH +0.1%
Companies trading higher in after hours in reaction to news: RIG +5.1% (announces $392 mln contract award), DAR +2.1% (DAR and VLO JV approve sustainable aviation fuel project), CVLG +0.8% (increases share repurchase auth), CVEO +0.6% (wins contract in Australia), FANG +0.6% (files for offering by selling shareholders), VLO +0.2% (DAR and VLO JV approve sustainable aviation fuel project; also increases dividend), AUY +0.1% (AUY and PAAS confirm shareholders approve proposed transaction)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SNAP -14.4%, EA -10.9% (also stopping development on Apex Mobile Legends and Battlefield Mobile), MTCH -8.1%, HA -7.7%, WDC -6.1%, SMCI -4.6%, JNPR -4%, VREX -3%, CB -0.7%, AMGN -0.5% (also confirms receipt of second request by FTC), HLI -0.3%, VALE -0.3%, RNR -0.2%
Companies trading lower in after hours in reaction to news: TSHA -11.6% (provides an update on the TSHA-120 program), PSTX -8% (Executive Chairman resigns), GRND -3.8% (in sympathy with weak MTCH earnings), PIXY -3.3% (files for $100 mln mixed securities shelf offering), TTWO -2.9% (in sympathy with weak EA earnings), BMBL -2.4% (in sympathy with weak MTCH earnings), MGNI -2.1% (in sympathy with weak SNAP earnings), PINS -2% (in sympathy with weak SNAP earnings), TTD -1.6% (in sympathy with weak SNAP earnings), META -1.3% (in sympathy with weak SNAP earnings), ROKU -1.1% (in sympathy with weak SNAP earnings), FTI -0.9% (awarded a large contract by Aker BP for its Utsira High development), JWN -0.9% (S&P revises JWN outlook to "Negative"), PAAS -0.7% (AUY and PAAS confirm shareholders approve proposed transaction), GOOG -0.6% (in sympathy with weak SNAP earnings), CMCSA -0.5% (ends its free tier open for new customers, according to Tech Crunch), HZNP -0.4% (HZNP and AMGN confirm receipt of second request by FTC), PRTA -0.3% (reports topline Phase 1 study results of PRX005), NFLX -0.2% (in sympathy with weak SNAP earnings)