After Hours Summary: ALSN +19.8%, LYFT +18.7%, HOOD +9.3%, ZG +6.9% higher on earnings; QDEL -32%, UPST -19.2%, CART -5%, ABNB -4.7%, MGM -4% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ALSN +19.8%, LYFT +18.7%, MCY +9.5%, HOOD +9.3%, REZI +8.3%, KTOS +7.9% (also announces $579 mln contract win for Space Force SATCOM C2 System), ZG +6.9%, WIRE +5.4%, DVA +5.2%, MRC +4.8%, IAC +4.7%, ENTG +4%, MIR +3.6%, VGR +3.1%, ES +3.1% (also to sell offshore wind investments; exploring sale of water distribution business), ADC +2.9%, INVH +2.3%, SSNC +2.2%, RUSHA +1.9%, ANGI +1.6%, WELL +0.8% (also to acquire $1 bln Affinity portfolio and formation of partnership; also issues business update), LOPE +0.6%, AKR +0.2%, BFAM +0.1%, REVG +0.1% (also 12 mln share offering by selling shareholders)
Companies trading higher in after hours in reaction to news: LRMR +15.6% (commences stock offering), MRCY +3% (JANA increases active stake), UBER +2.2% (in sympathy with LYFT earnings), DASH +2% (in sympathy with CART earnings), SOVO +1.8% (SOVO and CPB certify substantial compliance with Second Request from FTC), HL +1.2% (reports exploration results and reserves), SANA +1.1% (Cell Stem Cell publishes article), IMUX +0.9% (stock offering by selling shareholders), CPB +0.5% (SOVO and CPB certify substantial compliance with Second Request from FTC), CDXS +0.2% (enters into loan facility agreement), AMZN +0.2% (Bezos discloses $2.08 bln sale of shares), GVA +0.1% (awarded $112 mln final construction option in Denali National Park), GOOG +0.1% (Waymo voluntarily files recall report with NHTSA)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: QDEL -32%, UPST -19.2%, CRSR -8.4%, BL -7.4%, CART -5% (also COO to step down; announces restructuring plan, includes 7% workforce reduction; also authorizes additional $500 mln for share repurchases), ABNB -4.7% (also authorizes a new repurchase program of up to $6.0 bln), MODG -4.4%, MGM -4%, AKAM -3.2%, CRK -2.7%, EQT -2.5%, SITM -1.3%, AIG -0.8%, GDDY -0.5%, HE -0.3% (also provides liquidity update on the call), GXO -0.1%, STAG -0.1%
Companies trading lower in after hours in reaction to news: CC -9.9% (reschedules earnings release), FLYX -3.1% (Third Point (Daniel Loeb) discloses 7.9% active stake), BKNG -1.3% (in sympathy with ABNB earnings), VTGN -1% (files $350 mln mixed shelf securities offering), IMNM -0.9% ($200 mln stock offering; also files mixed shelf securities offering), MACK -0.1% (FDA approves Ipsen's Onivyde regimen, which triggers milestone payment to MACK), MAR -0.1% (files mixed shelf securities offering), AGI -0.1% (intersects additional high-grade mineralization)