After Hours Summary: SYM +23.8% soaring on earnings; SMCI +26% spiking after engaging independent auditor; GOOG -0.5% creeping lower after DOJ pushes firm to sell Chrome, according to Bloomberg
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SYM +23.8%, TCOM +3.7%, DOC +0.2%
Companies trading higher in after hours in reaction to news: SMCI +26% (engages BDO USA, P.C. as its independent auditor), ECX +5.6% (components procurement and R&D services agreement with Geely Automobile Holdings), ERII +5.4% ($50 mln repurchase plan), MCHP +2.7% (CEO to retire; appoints interim CEO), SQ +1.8% Bitkey launches inheritance feature for Bitcoin), VIR +1.7% (receives positive opinion on orphan drug designation for Tobevibart and Elebsiran), COHR +0.7% (launches high-speed photodiodes for 1.6T transceivers), ARRY +0.5% ($3.0 mln investment in Swap Robotics), ADM +0.4% (files restated finacial statements), IRM +0.3% (acquiring two data center development sites in VA), FREY +0.2% (appoints new CEO), AHH +0.1% (names new CEO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ACM -0.7% (also increases repurchase plan and dividend)
Companies trading lower in after hours in reaction to news: INCY -10.4% (update on MRGPRX2 and MRGPRX4 programs), PTGX -3.4% (topline results from Phase 3 ICONIC studies), DJT -2.3% (in talks to buy Bakkt (BKKT), according to FT.com), IIIN -2% (closing facility in OH), OMCL -1.5% (offering $150 mln convertible senior notes), SEI -1.3% files $500 mln mixed shelf), MSTR -1.2% (offering $1.75 bln convertible senior notes), WEN -1.1% (names new CFO), TECK -0.9% (to repurchase up to 40 mln shares), SYRE -0.7% ($200 mln stock offering and pre-funded warrants), GOOG -0.5% (DOJ pushing company to sell Chrome, according to Bloomberg), AMD -0.2% (Chief Accounting Officer resigns), KWR -0.1% (appoints new CEO), WY -0.1% (to invest $500 mln to build new TimberStrand facility)