After Hours Summary: BB +7%, KBH +0.5% higher on earnings; SCS -3.7% falls on earnings; EAR falls -51.1% as it discloses criminal investigation by DOJAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BB +7% (also COO to step down), FUL +2.6%, KBH +0.5%
Companies trading higher in after hours in reaction to news: ARD +2.1% (declares special cash dividend of $1.25/sh), WLTW +0.7% (increases share buyback authorization by $4 bln), CHPT +0.7% (WEX and CHPT announce plans to expand relationship to ease integration of EVs into corporate fleets), FB +0.6% (CTO Mike Schroepfer to step down), YUMC +0.3% (outlines strategy; accelerating store network expansion to reach 20,000 stores; plans to accelerate the expansion of Lavazza cafés in China), VTNR +0.2% (deal to acquire Mobile refinery is currently expected to close during 1Q22), HEP +0.1% (HEP and HFC disclose receipt of request for additional information from the FTC in connection with Sinclair transaction)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCS -3.7%
Companies trading lower in after hours in reaction to news: EAR -51.1% (discloses criminal investigation by DOJ related to insurance reimbursement claims; withdraws guidance), SYBX -8.9% (stock offering), GRIN -2.7% (stock offering), REXR -2.6% (stock offering), AXNX -2.6% (provides additional update on inter partes review proceedings), FEYE -2.2% (to change name and ticker to Mandiant (MNDT)), GENI -2.1% (stock offering), MGM -0.4% (weighing options to control BetMGM in light of recent Entain buyout offer, according to Bloomberg), CTOS -0.3% (stock offering), ARCT -0.1% (CEO met with President of Vietnam and CEO of Vingroup to discuss ongoing collaboration for supply of COVID-19 vaccines), HFC -0.1% (HEP and HFC disclose receipt of request for additional information from the FTC in connection with Sinclair transaction)