After Hours Summary: ARCT -37.5% falls sharply after providing data update on COVID vaccine trial; MRUS +6.7% and FUBO +6.2% rise on equity stake disclosuresAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: MRUS +6.7% (INCY discloses 11% stake in MRUS), FUBO +6.2% (Islet Mgmt discloses 7.44% stake), ABCL +3.5% (Peter Thiel discloses 5.3% stake), PS +1.9% (large shareholder sends letter to co expressing concerns about proposed sale), CZR +1.2% (receives HSR clearance for proposed combination with William Hill), IMAX +0.6% (CEO appears on CNBC -- says things should start to open by Q2), NVRO +0.2% (submits pre-market approval supplement to the FDA to seek approval of its Senza System), IVR +0.1% (increases dividend), GTN +0.1% (Mediacom reaches new carriage agreement with GTN), GORO +0.1% (reports fatality at Arista mine in Oaxaca), LMT +0.1% (awarded $1.3 bln Navy contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None
Companies trading lower in after hours in reaction to news: ARCT -37.5% (provides updated clinical and preclinical data on COVID vaccine ARCT-021), TAL -1.3% (announces agreements with investor group for US$3.3 bln of private placement), ESS -0.1% (names new COO), PFE -0.1% (sNDA for LORBRENA accepted by the FDA for Priority Review)