After Hours Summary: ALC +4%, DNUT +2.9%, A +1.7% higher on earnings; CREE -3.8% falls on earnings; ANAB jumps +10% as FDA grants accelerated approvalAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INST +11.4%, ALC +4%, DNUT +2.9%, VTEX +2.1%, A +1.7%, CRMT +0.5%, LSTR +0.2% (raises Q3 EPS and revenue guidance), LZB +0.1% (also increases share buyback auth by 6.5 mln shares)
Companies trading higher in after hours in reaction to news: ANAB +10% (FDA grants accelerated approval for JEMPERLI), TLRY +5.3% (acquires majority position in senior convertible notes of MedMen), FUV +1% (issues correction, increases the number of manufactured vehicles in Q1 and Q2), AGIO +0.8% (FDA accepts NDA for mitapivat for pyruvate kinase deficiency), MRNS +0.2% (receives orphan drug designation from FDA; reports top-line results from Phase 2 trial of ganaxolone in tuberous sclerosis complex), GPI +0.2% (increases dividend), VAL +0.2% (awarded one-well contracts with estimated duration of 60 days each)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CDK -7.3%, CREE -3.8% (also expands silicon carbide wafer supply agreement with STM), JKHY -0.5%, AMCR -0.2%
Companies trading lower in after hours in reaction to news: PFMT -9.6% (stock offering), COIN -0.7% (Bill Miller adds stake in Coinbase Global, according to CNBC), STM -0.1% (expands silicon carbide wafer supply agreement with CREE)