After Hours Summary: CHWY +9.2%, CLF +8% jumps on earnings/guidance; BB -7%, LULU -1.6% fall on earnings; RMO -13.1% falls on sharply lower guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HYFM +10.1%, CHWY +9.2%, CLF +8% (guides Q1 and FY21 adjusted EBITDA above consensus), APR +4.5%, PVH +2.7%, IGMS +2.6%, PRCH +0.7%, PHR +0.2%
Companies trading higher in after hours in reaction to news: SURF +16.6% (FDA grants Orphan Drug Designation for SRF617 for pancreatic cancer), EQ +10.7% (announces top-line data from Type A group of EQUALISE study), SLCA +3.4% (to increase prices on industrial and specialty products), BE +1.7% (begins deployment of solid oxide fuel cells portfolio in the Northeast), PGEN +1% (CFO departs), CLNY +0.3% (names new Chairperson of the Board), BA +0.2% (ALK discloses amendment to aircraft purchase agreement with BA), BOMN +0.2% (stock offering and a mixed shelf offering), IMAX +0.1% (chairman departs), LMT +0.1% (Sikorsky Aircraft awarded $280 mln Army contract), ALK +0.1% (ALK discloses amendment to aircraft purchase agreement with BA)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RMO -13.1% (expects 2021 revs to be materially lower than projected due to shortage of battery cells), BB -7%, AVIR -2.1%, LULU -1.6%
Companies trading lower in after hours in reaction to news: KDNY -4.1% (announces upcoming data presentations), PRQR -3.5% (stock offering), NCTY -3.4% (files for $1 bln mixed securities shelf offering), MARA -0.7% (to launch bitcoin mining pool based in North America), QCOM -0.2% (stock offering), AMGN -0.1% (to acquire Rodeo Therapeutics)