After Hours Summary: RMD +10%, NFLX +8%, ADBE / AMTD +2.5% higher following earnings/guidance, WHR +3% and select solar names higher on tariffs news
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PIXY +11.2%, RMD +9.7%, NFLX +8.4%, ADBE +2.6%, AMTD +2.5%, BRO +1.6%, OKE +0.5%
Companies trading higher in after hours in reaction to news: HBIO +7.7% (thinly traded; to acquire 100% of the outstanding stock of Data Sciences International for ~$70 million; updates guidance), TSRO +4.1% (continued strength - being attributed to M&A speculation following CELG/JUNO, BIVV/SNY news), CCXI +3.5% (announces positive overall survival results with CCR2 Inhibitor CCX872 for locally advanced/metastatic pancreatic cancer), WHR +3.2% (U.S. Trade Representative Lighthizer confirmed that President Trump approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules), VZ +1.9% (ahead of earnings), TGI +1% (Triumph Group signs agreement with Boeing to provide major structural assemblies for the 767 program), ETFC +0.9% and SCHW +0.5% (following AMTD results)
Select solar names trading higher following tariff news (etf TAN +3%): RGSE +30.4%, VSLR +11.3%, FSLR +6.9%, RUN +3.6%
Select solar names trading higher following tariff news (etf TAN +3%): RGSE +30.4%, VSLR +11.3%, FSLR +6.9%, RUN +3.6%
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PFBC -2.8%, (light volume)
Companies trading lower in after hours in reaction to news: ADMS -5% (commences $85 mln common stock offering), STML -4.2% (announces public offering of 3.7 mln shares of its common stock), INSM -2% (ticking lower; commences $300 mln offering of convertible senior notes due 2025), RARE -2% (commences $175 mln common stock offering), CBIO -1.7% (files for $150 mln mixed securities shelf offering)