After Hours Summary: President Biden signs multiple executive orders; AA -2.5%, UAL -2.4% trade lower on earnings; KMI +3.1%, PLXS +2.2% tick higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: KMI +3.1%, PLXS +2.2%, WTFC +0.1%
Companies trading higher in after hours in reaction to news: OCX +14.2% (announces registered direct offering of $25 mln), FTOC +3.7% (in talks to merge with online payments firm Payoneer, according to Bloomberg), OAC +2.4% (completes acquisition with Hims & Hers Health; HIMS to begin trading Jan 21), QGEN +1.1% (confirms that its tests work on the new COVID-19 strains; also plans to resubmit EUA for QIAreach SARS-CoV-2 Antigen test in the US in Q1), APT +0.8% (President Biden signs mask mandate on federal property, as expected), BA +0.6% (awarded $2.1 bln Air Force contract), SPNE +0.5% (announces limited commercial launch of Regatta Lateral Plate System), ILMN +0.4% (favorable patent ruling), BTG +0.2% (provides Q4 production update), WU +0.2% (says its money transfer platform will be integrated into one of the largest investment firms in S Korea), MSM +0.1% (will move from its branch office network to virtual customer care hubs to cut costs), RWT +0.1% (provides company update), PFE +0.1% (reaches vaccine deal with Japan, according to NikkeiAsia), NFLX +0.1% (will launch Shuffle Play feature worldwide in 1H21, according to Variety)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: STL -2.6%, AA -2.5%, UAL -2.4%, DFS -1.7%, DCBO -1.2% (guides Q4 revs slightly above consensus; also announces stock offering), UMPQ -0.6%
Companies trading lower in after hours in reaction to news: AWH -6.9% (files for $100 mln mixed securities shelf offering), INO -5.6% (stock offering), ONCS -4.7% (stock offering), VNET -4% (convertible notes offering), ORC -4% (stock offering), BSY -3.4% (convertible notes offering), NVTA -2.4% (stock offering), AQB -1.6% (files for $200 mln mixed securities shelf offering), LCTX -1.5% (CFO resigns), NEXT -1.2% (new CFO), SI -1.2% (stock offering), MTB -0.1% (authorizes $800 mln stock repurchase program), USO -0.1% (President Biden cancels Keystone pipeline permit, as expected)