After Hours Summary: VRNT -11.6%, BB -9% are weak on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PUMP +1.8%, GVA +0.1%
Companies trading higher in after hours in reaction to news: IFRX +75.4% (doses first patient in trial investigating IFX-1 in patients with severe COVID-19-induced pneumonia), VEL +10.7% (files to delay its 10-K), NVAX +9.7% (signs NanoFlu manufacturing agreement with EBS), OII +6.5% (confirms Q1 guidance but is withdrawing its full-year 2020 guidance), VECO +3.8% (reports prelim Q1 revs in-line with consensus), TWO +3.2% (details additional risk factors in 10-K), CMTL +2.4% (provides COVID-19 update; withdraws outlook), SGMS +2.1% (signs new 4-year deal with LOTTO Bayern in Germany), SKT +1.9% (withdraws 2020 guidance), SIX +1.9% (adopts short-term stockholder rights plan), BDX +1.1% (launch of rapid serology test for detection of COVID-19 exposure), AKR +0.5% (withdraws FY20 guidance)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PAYS -20% (postpones earnings call), VRNT -11.6%, BB -9%
Companies trading lower in after hours in reaction to news: XRX -3% (Xerox withdraws its offer to acquire HPQ), DK -2.2% (to dropdown logistics assets to DKL), AGNC -1.9% (believes that the worst is behind it for its Agency MBS portfolio), HPQ -1.8% (Xerox withdraws its offer to acquire HPQ), MMM -1.2% (provides details about capacity increases of N95 respirators), GIII -1% (announces employee furloughs), MTCH -0.9% (says it's seeing fewer new users joining; also co has delayed several product feature and press launches), NOC -0.7% (files mixed securities shelf offering)