After Hours Summary: Busy earnings session, mostly on downside: RCII -35.4%, FIVN -15.7%, SNBR -12.3%, NTAP -9%, EBAY -8.1%, BKNG -4.8%; LYV +6.6%, IMAX +3.3% trade higherAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CLOV +18.9%, DH +13.7%, ROOT +10.3%, CCRN +8.5%, OUT +7.5% (also increases dividend), LYV +6.6%, STAA +6.4%, CHDN +5.7%, MRVI +5.3%, FNF +3.3%, IMAX +3.3%, STOR +3%, CTRA +2.5% (also increases dividend by 20% and announces $1.25 bln supplementary buyback authorization), UCTT +2.4%, WTRG +2.4%, ZETA +2.4%, ORCC +2.3%, IRTC +2.2%, DK +2.1%, CHK +1.8%, HEI +1.7%, WLL +1.6%, XPER +1.6% (also enters into new, multi-year agreement with MU), NARI +1.3%, FTI +0.7%, GBT +0.6%, GH +0.5%, OSUR +0.3%, AEM +0.2%, OLED +0.2% (also increases dividend), WES +0.2%, EVH +0.2%, EXR +0.1%, MGNI +0.1%, MSP +0.1%, RLJ +0.1%, Y +0.1%
Companies trading higher in after hours in reaction to news: RMO +5.1% (extends supply agreement with existing customer), VBIV +4.7% (CDC Advisory Committee recommends PreHevbrio for vaccination against HBV infection), PBR +2.5% (proposes distribution update), EFC +1.9% (to acquire remaining interest in Longbridge Financial for $75 mln), DHR +1.8% (increases dividend), UAA +1.3% (authorizes new $500 mln share repurchase program), GROY +1.1% (portfolio update sets trajectory for continued cash flow growth), STGW +0.8% (expands into Africa through affiliate partnerships), USO +0.7% (US considering reserve releases to counter oil price spikes, according to Bloomberg), HL +0.2% (files mixed securities shelf offering), KRO +0.1% (increases dividend), CSL +0.1% (receives earn out payment)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RCII -35.4%, SKLZ -29.5%, LUNG -20%, LMND -17.5%, FIVN -15.7%, OLO -15.4% (also announces launch of payment platform Olo Pay), SNBR -12.3%, FLGT -11% (also announces investment in Spatial Genomics), BAND -10.7%, NTAP -9% (also acquires Fylamynt), NDLS -8.3%, EBAY -8.1% (also increases dividend by 22%, expands share repurchase authorization by $4 bln), HLF -7.7%, BIRD -6.9%, AAN -5.2%, BKNG -4.8%, FLS -4.4%, FUBO -4.3%, ONEM -4.1%, IR -4%, CPE -3.2%, BBWI -3.1% (also CEO to step down for health reasons), RGR -3.1%, PODD -2.5%, ANSS -2.3%, ALKT -2.2%, REAL -1.4%, NVRO -1.2%, RVLV -1.2%, HTZ -1.1%, GSHD -1%, NOVA -0.9%, ARNA -0.5%, IIPR -0.4%, ORA -0.4%, PAAS -0.4%, FIX -0.3%, IAG -0.3%, VAC -0.3%, VICI -0.3%, CW -0.2%, DRQ -0.2%, OGS -0.1%, RMAX -0.1%, SPXC -0.1%
Companies trading lower in after hours in reaction to news: BTU -9.6% (private offering of $250 mln convertible notes), TRHC -7.9% (to be removed from S&P SmallCap 600), ADGI -2.9% (CEO resigns), SAIL -1.9% (names new CFO), VST -1.1% (increases dividend), NET -0.8% (to acquire Area 1 Security for $162 mln), F -0.8% (CEO says co is under earning on EVs and Gas Models, according to Bloomberg), DDD -0.6% (acquires Kumovis; also to acquire Titan Additive LLC), DIS -0.6% (Marvel's full lineup of Netflix shows will make its way onto Disney+ Canada, according to MobileSyrup), NFLX -0.4% (Marvel's full lineup of Netflix shows will make its way onto Disney+ Canada, according to MobileSyrup), QSR -0.3% (files mixed securities shelf offering), VOYA -0.2% (files for $2 bln mixed securities shelf offering), RJF -0.1% (reports January operating data), FUL -0.1% (names new COO), INTC -0.1% (acquires Linux consulting firm Linutronix)