After Hours Summary: Bank stocks tick higher on positive Fed bank stress test results; NKE +12.3% jumps on earnings; CAMP -6.6%, FDX -4.3%, SNX -2.6% fall on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NKE +12.3%, BB +0.7%
Companies trading higher in after hours in reaction to news: MRTX +4% (receives FDA Breakthrough Therapy Designation for adagrasib), LPRO +3% (signs producer agreement with insurance carriers), ASAN +2.8% (TWLO and ASAN to dual list on Long-Term Stock Exchange in August, according to WSJ), ONCS +2% (CEO resigns), CZR +1.5% (to retain ownership of Horseshoe Hammond), WFC +1.2% (Fed issues bank stress test results), GVA +1.2% (wins $16 mln Alaska airport contract), BAC +0.7% (Fed issues bank stress test results), XLF +0.6% (Fed issues bank stress test results), JPM +0.5% (Fed issues bank stress test results), BLDP +0.3% (announces a rebranding), KBR +0.2% (wins $194 mln US Air Force contract), TERN +0.1% (initiates patient dosing in Phase 1b AVIATION trial), C +0.1% (Fed issues bank stress test results), BTG +0.1% (commences arbitration proceedings for Menankoto permit), REXR +0.1% (acquries five industrial properties in California)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CAMP -6.6%, FDX -4.3%, SNX -2.6%, PRGS -1.2%
Companies trading lower in after hours in reaction to news: TBPH -8.2% (stock offering), SNCR -7.2% (files for $100 mln common stock offering), OMP -6.1% (stock offering), BVS -3.3% (completes minority investment in Vaporox), ADVM -1.6% (names new CFO), UNVR -1.6% (expands distribution agreement with Tata Chemicals), UPS -1.5% (on FDX earnings), TWLO -0.4% (TWLO and ASAN to dual list on Long-Term Stock Exchange in August, according to WSJ), HEAR -0.3% (partnering with NBA star Immanuel Quickley), MPX -0.2% (stock offering), IQV -0.1% (introduces Clinical Data Analytics Suite)