After Hours Summary: CDXS +6% and SWBI +3% rise on earnings/guidance while ATHA -34% falls after placing CEO on temporary leaveAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDXS +6.4% (raised 2021 guidance), SWBI +3.1% (also announced $50 mln share buyback program and dividend increase), ADBE +2.5%, X +0.9% (provided upside Q2 guidance)
Companies trading higher in after hours in reaction to news: GERN +19.1% (announced publication of data from IMbark Phase 2 trial), HYFM +3.4% (agreed to acquire Aurora Innovations), MEI +1.50% (increased dividend), FOXA +1.5% (announced $2 bln incremental stock repurchase authorization)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: N/A
Companies trading lower in after hours in reaction to news: ATHA -34.4% (placed CEO Leen Kawas, PhD on temporary leave; COO assumes day-to-day leadership responsibilities), ARVL -11.4% (announced effectiveness of registration statement), ACRE -4.3% (stock offering)