After Hours Summary: AA jumps +5.5% on earnings and dividend initiation; MRNA +0.5% confirms FDA panel news on boosters; DCT -13.5% falls on weak guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AA +5.5% (also initiates dividend; announces $500 mln share repurchase program), WAFD +4.5%
Companies trading higher in after hours in reaction to news: ME +10.7% (positive mention on CNBC), TRQ +3.7% (announces Q3 production update; provides Oyu Tolgoi mine update), FUBO +2.9% (announces partnership with NASCAR), STLD +2.1% (to acquire minority interest in New Process Steel), BIIB +1.7% (data from Tofersen phase 3 study to be presented at the ANA meeting), SCR +1.5% (SCR receives court approval to be acquired by PENN), IONS +1.5% (in sympathy with BIIB news), OPEN +1.5% (positive mention on CNBC), HOLX +0.9% (to acquire Bolder Surgical for $160 mln), SXT +0.6% (increases dividend), ODC +0.5% (to raise prices of cat litter products), MRNA +0.5% (confirms that FDA Advisory Committee unanimously votes in support of emergency use for a booster dose), JNJ +0.5% (creates $2 bln trust to facilitate talc claims), HWM +0.4% (Co-CEO John Plant to assume the position of sole CEO), PENN +0.2% (SCR receives court approval to be acquired by PENN), NWN +0.2% (increases dividend), GLDD +0.1% (announces recent dredging awards totaling $88.1 mln), AAPL +0.1% (hires new engineer for its HomePod smart speaker, according to Bloomberg), GOOG +0.1% (introduces continuous scrolling on mobile devices)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DCT -13.5%, CRSR -6.8% (issues downside Q3 and FY21 rev guidance due to supply chain issues), TACO -2.9%
Companies trading lower in after hours in reaction to news: SPCE -13.5% (begins vehicle enhancement and modification period), ML -2.9% (stock offering), WTI -2.4% (files for $500 mln mixed securities shelf offering), CHPT -2.1% (stock offering), RIO -2% (lowers Q3 production targets for iron ore, copper), BTCM -1.2% (BTC.com to exit China), ANGI -1% (names former Twitter exec as its first Chief Data Officer), AMN -0.9% (names new CFO)