After Hours Summary: AYX +24.5% jumps as it guides higher, names new CEO; IOVA -21.3% falls as it pushes back timeline for BLA submissionAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AYX +24.5% (guides higher, names new CEO), AMSC +2.2% (guides SepQ and DecQ revs above consensus; acquires Northeast Power Systems),
Companies trading higher in after hours in reaction to news: EEX +25.8% (announces $20 mln stock repurchase authorization), GLYC +12.8% (FDA grants a Rare Pediatric Disease designation for rivipansel), OR +7.3% (reports multiple new high-grade gold discoveries at Cariboo Gold Project), TXG +2.9% (to acquire ReadCoor), SMCI +2% (to support the new NVIDIA BlueField-2 DPU), AMGN +1.6% (announces positive topline Phase 2 results from clinical study), AVLR +0.8% (to acquire Transaction Tax Resources), UNIT +0.7% (will begin offering nationwide dark fiber services on 31,000 fiber route miles), WELL +0.2% (new CEO), ALT +0.2% (DE Shaw discloses 5% stake -- 13G filing), GH +0.1% (study shows Guardant360 Liquid Biopsy accelerates clinical trial enrollment), GNRC +0.1% (to acquire Enbala Power Networks), FTV +0.1% (VNT spinoff will be added to the S&P 500),
After Hours Losers:
Companies trading lower in after hours in reaction to news: IOVA -21.3% (pushes back timeline for BLA submission for lifileucel into 2021), YMAB -18.6% (receives a Refusal to File letter from FDA re its BLA for omburtamab), SONO -3.5% (AAPL stops selling rival headphones, according to Bloomberg), NCNO -2.2% (files for 5.5 mln share common stock offering by selling shareholders), PBYI -1.1% (announces that efficacy results of neratinib were published), LOGI -0.7% (AAPL stops selling rival headphones, according to Bloomberg), SPOT -0.2% (now allows users to search for songs by its lyrics, according to 9to5Mac), HES -0.1% (to sell its 28% interest in Shenzi Field to BHP Billiton), NFLX -0.1% (cancels Glow Season 4 due to COVID, according to The Hollywood Reporter), AZUL -0.1% (Sept traffic data),