After Hours Summary: AEL +7.3% up after Brookfield nears deal to buyout firm, according to Bloomberg; APLD -5.2% down after guiding MayQ revs below consensusAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ABCM +2.9% (guidance)
Companies trading higher in after hours in reaction to news: AEL +7.3% (Brookfield nearing deal to acquire firm, according to Bloomberg), MOD +4.7% (Director sold $560K of stock), TERN +3% (new preclinical data for TERN-601), EWTX +2.8% (positive 12-month topline results from ARCH open label study), MLTX +2.6% (commences $250 mln public offering), EXPI +1.4% (increases repurchase cap by $500 mln), FTI +1.1% (awarded contract by Azule Energy), ALDX +1.1% (to announce resuilts from ADX-629), MBLY +0.6% (CFO steps down), HOOD +0.6% (cutting 7% of its workforce, according to WSJ), ILMN +0.2% (reducing workforce), MSFT +0.1% (considered acquiring Bungie and Sega, according to The Verge)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: APLD -5.2% (guidance)
Companies trading lower in after hours in reaction to news: ACET -14.4% (positive data from ADI-001 Phase 1), IDYA -1.1% (files mixed shelf), LTHM -0.1% (provides update on manufacturing facility fire), MTX -0.1% (subsidiary exiting talc business)