After Hours Summary: SWBI +3.2% higher on earnings; TRUP +14.8% as it updates rate status; IONQ +7.6% on higher bookings guidance; WBD +0.4% on report of potential asset saleAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SWBI +3.2% (also increases dividend)
Companies trading higher in after hours in reaction to news: TRUP +14.8% (provides update on its rate filing approval status in CA and NY), IONQ +7.6% (increases its 2023 bookings expectations by 25%), MGTX +4.5% (to present data from Phase 1 AQUAx study and provide update on phase 2 study of AAV-hAQP1), EGLE +3.5% (to repurchase Oaktree Capital's entire 28% stake for $219.3 mln), MMM +3.2% (enters into broad class resolution to support PFAS remediation), MATX +2.2% (increases dividend), SAIC +1.3% (awarded $1.3 bln contract from Dept of Treasury), RKLB +0.9% (Electron mission will deploy seven satellites to space), CDXC +0.6% (files $125 mln mixed shelf securities offering), JAZZ +0.4% (JAZZ seeks court action to declare FDA's approval of AVDL's Lumryz as unlawful), WBD +0.4% (negotiating to sell half of Warner studio's film and TV music-publishing assets for $500 mln, according to Variety), O +0.3% (CFO to retire, names new CFO), WYNN +0.2% (launches WynnBET online casino and sports betting app in West Virginia), CSV +0.1% (names new CEO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: XAIR -8.9%, OUST -0.7%
Companies trading lower in after hours in reaction to news: SPCE -8.9% (files mixed shelf securities offering), TAST -2.9% (stock offering by selling shareholder), TYGO -2.7% (stock offering, relates to warrants), AVDL -1.6% (JAZZ seeks court action to declare FDA's approval of AVDL's Lumryz as unlawful), GNW -0.9% (discloses security breach), ERAS -0.4% (FDA grants orphan drug designation for ERAS-801)