After Hours Summary: CDNA +8.7% and PPG +6.1% higher on upside guidance; QDEL -21.2% lower on downside guidance; CAG +0.8% on insider purchases
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDNA +8.7% (guidance; also to divest Lab Products business), PPG +6.1% (guidance; also price increases across product lines; completes Ozark Materials acquisition), JBHT +1.4%
Companies trading higher in after hours in reaction to news: VOYG +7.8% (selected by NASA for private astronaut mission), NKTX +1.7% (agreement with FDA on key changes to the ongoing Ntrust-1 and Ntrust-2 clinical trials), JCI +1.6% (report it's weighing $4.5 bln in divestitures, according to Bloomberg), BMM +0.8% (drilling activities at its Nussir Copper-Gold-Silver Project), CAG +0.8% (insider purchases) AWK +0.5% (completes acquisition of Livingston Municipal Water Works system), CRBG +0.5% (names interim CFO), LW +0.4% (10% owner JANA Partners bought another 150,000 shares at $42.12 - $43.19 worth approximately $6.4 mln), RTX +0.1% (awarded $234.8 mln US Air Force contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: QDEL -21.2% (guidance), SLG -2%, HOMB -0.1%
Companies trading lower in after hours in reaction to news: GEVO -7% (withdraws from Department of Energy financing process), SFST -4.1% (stock offering), YORW -3.4% (stock offering), ESE -2.5% (to acquire Megger Group Limited; also Q2 guidance), F -1.1% (establishes new product creation and industrialization organization to scale next-gen vehicles and technology), WVE -0.5% (proposed redomiciliation to the United States), ZIM -0.4% (CEO to step down), COST -0.2% (increases dividend), TX -0.1% (lowers dividend proposal in response to global uncertainty)