After Hours Summary: Busy earnings night, notable names: FB +6.2%, QCOM +5.4%, AAPL +2.3% on upside; NOW -7.3%, EBAY -5.5%, F -3.1% on downsideAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CCS +9.8%, CAKE +7.6%, MTH +7.5%, ECHO +6.9%, FB +6.2%, LC +5.5%, QCOM +5.4%, ALGN +4.5% (also extends deal with DECA Dental thru early 2025), CYH +4.3%, PEGA +4%, TROX +3.3%, TWOU +3.1%, WELL +2.8%, CLR +2.5% (also reinstates dividend), AAPL +2.3%, ORLY +2.1%, MC +2% (also also declares special dividend of $2/sh), CCOI +2% (also increases dividend), WRE +1.9%, MGM +1.6%, OPK +1.2%, AVT +0.8%, PGRE +0.8%, OCN +0.8%, AR +0.7%, CHX +0.7%, PSA +0.5%, EQIX +0.4%, AVB +0.3%, CNMD +0.3%, VVV +0.3%, CREE +0.2%, NGVT +0.2%, WH +0.2%, AGI +0.1%, ATUS +0.1%, BHE +0.1%, EXR +0.1%, RJF +0.1%, WCN +0.1%
Companies trading higher in after hours in reaction to news: GRTX +23.9% (provides updated data from Phase 1/2 pilot trial of GC4419), AKBA +8.1% (NEJM publishes Phase 3 clinical program of vadadustat), TWTR +3.3% (in sympathy with strong FB earnings), CLII +1.7% (EVgo confirms opening of first fast charging stations in collaboration with GM), AXTI +0.8% (supplies first 8-inch gallium arsenide wavers to major customer; also reports earnings), AMZN +0.8% (to roll out pay increases of $0.50-3.00 per hour; also AWS announces general availability of Amazon Nimble Studio), BHLB +0.2% (approves stock repurchase program for up to 2.5 mln shares), CW +0.1% (selected by Scientific Research to provide its Fortress flight recorder system for USAF and Navy)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AZPN -14.3%, BCOV -13.4%, FORM -9.6%, PI -8.6%, NOW -7.3%, HOLX -7.1%, EBAY -5.5%, TDOC -5.2%, OIS -4.2%, F -3.1%, MOH -2.8%, PTC -2.6%, IR -2.4%, CDE -1.5%, OII -1.5%, AUY -1.3%, AM -0.9%, UCTT -0.7%, KALU -0.6%, ALSN -0.3%, GRUB -0.3%, CABO -0.3%, MTDR -0.2%, NLY -0.2%, PDM -0.2%, URI -0.2%, ASH -0.1%, AVTR -0.1%, AXS -0.1%, CNO -0.1%, FIX -0.1%, HNI -0.1%, INVH -0.1%, MAA -0.1%, NTB -0.1%, OI -0.1%, TTMI -0.1%, TYL -0.1%, CLS -0.1%
Companies trading lower in after hours in reaction to news: ADVM -52.8% (announces suspected adverse reaction of hypotony in INFINITY clinical trial), PLBY -7.4% (stock offering), OMF -3.1% (stock offering), ALDX -3.1% (prices 10 mln share offering at $12.50/sh), GM -1.2% (in sympathy with F earnings, chip shortage), BIIB -1% (receives CRL from the FDA for sBLA for subcutaneous administration of TYSABRI), CVX -0.2% (increases dividend), VZ -0.1% (exploring a sale of certain media assets including Yahoo and AOL, according to WSJ)