After Hours Summary: ABCL +13.4% jump on earnings; DNMR -13%, BFLY -7.4%, CLDX -5.2% fall following earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ABCL +13.4%
Companies trading higher in after hours in reaction to news: FPI +7.7% (files for $300 mln mixed securities shelf offering), LYRA +5.9% (to present LANTERN phase 2 study results), PLMR +5.3% (approves $40 mln share repurchase program; also reaffirms adjusted net income guidance for 2021), DGII +4.8% (to acquire Haxiot), PSNL +4.2% (announces a collaboration with MapKure), SHAK +3.8% (CFO to depart to become CEO of a private company), CUBI +3.4% (COO to step down), SLDB +3.4% (Suvretta Capital Mgmt discloses 5.4% stake), UFPI +2.1% (to acquire Walnut Hollow Farm), HGEN +1.9% (stock offering), MAXR +1.7% (announces delivery of Solar Electric Propulsion Chassis for NASA's Psyche mission), GCP +1.3% (announces price increases for certain Cement Additives), GE +0.4% (updates investors following recent GECAS deal; expects rev to return to 2019 levels), TMUS +0.3% (announces planned expansion of collaboration with Google), GSM +0.3% (has engaged with the European Works Council; GSM is seeking to reduce or cease production at some of its sites in Europe), WFG +0.2% (provides operational update; also files for $2 bln mixed securities shelf offering), ATVI +0.1% (promotes Armin Zerza to CFO; on track to exceed prior outlook for Q1)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DNMR -13% (also announces planned $700 mln investment in manufacturing expansion), BFLY -7.4%, CLDX -5.2% (also provides clinical update), SEER -0.9% (also signs non-exclusive commercial agreement with SCIEX), GOEV -0.7%, TGNA -0.1% (reaffirms Q1 and FY21 guidance; also increases dividend)
Companies trading lower in after hours in reaction to news: WVE -21.7% (reports mHTT results from PRECISION-HD trials do not support further development of WVE-120102 and WVE-120101 in Huntington's disease), LPRO -3% (stock offering), AMTI -1.7% (stock offering), AZN -1.2% (Some Canadian provinces suspend vaccine for people under 55, according to Forbes), VLDR -1.1% (stock offering), FREQ -0.5% (provides updates on FX-322 clinical trials; also reports 4Q20 results), MRK -0.4% (receives Complete Response Letter from the FDA for sBLA for KEYTRUDA in high-risk early-stage triple-negative breast cancer), HBM -0.2% (announces significant new discovery at Copper World properties), DOV -0.1% (acquires minority interest in EdgePetrol)