After Hours Summary: WS -14.6%, MU -13.2%, MLKN -9.6%, LEN -6.8% lower on earnings; MESO +45.7% as FDA approves Ryoncil); BILL +5.1% on news it will join the S&P MidCap 400, LII +3% will join S&P 500
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCS +2.7%
Companies trading higher in after hours in reaction to news: MESO +45.7% (FDA approves Ryoncil), BILL +5.1% (to join S&P MidCap 400), LII +3% (to join S&P 500), GO +2.8% (names new CFO), EFC +2.4% (closes $243 mln securitization backed by reverse mortgage loans), SVRA +2% (initiates rolling submission of a BLA to the FDA for MOLBREEVI), SON +1.9% (to sell its TFP unit for $1.8 bln), FCF +1.8% (to merge with CenterBank), PLTR +1.7% (expands US Army Vantage partnership with $618.9 mln contract), INTC +1.5% (Intel, NVIDIA and EQTY Lab announce release of Verifiable Compute AI framework), NVDA +1.1% (Intel, NVIDIA and EQTY Lab announce release of Verifiable Compute AI framework), ABCB +0.6% (increases dividend), NOC +0.3% (awarded $3.46 bln U.S. Navy contract), APD +0.2% (files investor presentation highlighting strategy), NBHC +0.1% (announces balance sheet repositioning), RJF +0.1% (reports Nov operating data)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: WS -14.6%, MU -13.2%, MLKN -9.6%, LEN -6.8%, EPAC -4.3%
Companies trading lower in after hours in reaction to news: TPVG -4.1% (names new CFO), WDC -4% (in sympathy with weak MU earnings), AAOI -1.9% (files mixed shelf securities offering), SSNC -1.4% (approves renewal of repurchase program; may purchase up to ~ 2.1% of shares), NVX -1.2% (announces participation in trade case), TPH -0.7% (authorizes new $250 mln share repurchase program), WBD -0.5% (announces new leadership structure for its US networks division, according to Variety), TT -0.3% (to acquire BrainBox AI)