After Hours Summary: AMBA +8.6%, BGFV +5.3%, LYFT +4.5% jump on earnings/guidance; BGS -7.4%, FUBO -7.2%, GO -4.3%, ROST -3.1% falls on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MRVI +18.7%, AMBA +8.6%, BGFV +5.3% (also increases dividend), LYFT +4.5% (raises 1Q21 adjusted EBITDA forecast), QTRX +1.8%, VEEV +1.4%, BOX +1.2%, DAR +0.4%
Companies trading higher in after hours in reaction to news: CAP +8.5% (enters into business combination agreement with Dorma), SRNE +5.8% (receives FDA clearance to proceed with Phase 1 study of STI-2099), EBON +3.3% (stock offering), PAYA +2.7% (Point72 Asset Management discloses 5.5% stake), APPS +1.8% (acquires Triapodi (d/b/a Appreciate)), KAR +1.2% (new CEO), VSTA +0.4% (acquires Sociedade Educacional), ACEL +0.3% (to acquire Century Gaming for $140 mln), AMGN +0.2% (announces publication of data from Phase 3 study evaluating BLINCYTO), MRK +0.2% (confirms it will support production of JNJ vaccine; receives BARDA funding for expanded manufacturing capacity), THS +0.1% (reaches agreement with JANA Partners to appoint two independent directors), PSB +0.1% (new CEO), WELL +0.1% (exits relationship with GEN; ProMedica and Welltower announce two transactions to expand partnership)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BGS -7.4%, FUBO -7.2%, GO -4.3%, ROST -3.1% (also reinstates dividend), RVMD -3.1% (also files for mixed securities shelf offering), JWN -2.3%, URBN -2.3%, HPE -0.1%, ANTM -0.1% (reaffirms full year 2021 guidance)
Companies trading lower in after hours in reaction to news: ARNA -6.9% (topline results from Phase 2b CAPTIVATE clinical trial; Olorinab did not meet the primary efficacy endpoint), SSYS -6.3% (stock offering; also files for mixed securities shelf offering), MGY -5.9% (stock offering), REAL -4.2% (convertible notes offering), FVRR -3.9% (stock offering; also files for mixed securities shelf offering), DGII -2.9% (stock offering), ATHM -2.9% (files for ADS offering), NRIX -2.5% (stock offering), PLXP -1.8% (stock offering), ORC -1.8% (stock offering), ESTC -1.7% (announces new capabilities and updates across its Elastic Cloud), ABNB -1.4% (convertible notes offering), ICE -0.3% (CFO to retire), BDTX -0.3% (announces pre-clinical data presentations)