After Hours Summary: CNXC +5% rises while OESX -16% declines on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CNXC +5.2%, PNFP +3.8%
Companies trading higher in after hours in reaction to news: SOFI +17.7% (received regulatory approval to become Bank Holding Company through proposed acquisition of Golden Pacific Bancorp), LPTX +9.2% (to present data from DisTinGuish study of DKN-01 at ASCO), TGNA +4.5% (Standard General and Apollo [APO] nearing deal for co, according to NY Post), RVNC +4.1% (received official Type A meeting minutes from the FDA regarding CRL for DaxibotulinumtoxinA for Injection for glabellar lines), IBRX +4% (announced interim results from QUILT 88 trial), VMEO +2.6% (reported performance metrics for December), RILY +2.5% (announced acquisition of FocalPoint Securities), UAVS +1.4% (reappointed Barrett Mooney as CEO), MTRX +1.2% (awarded project from Chemours [CC] at West Virginia facility), ENLC +1% (increased quarterly distribution)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: OESX -16.0%, ADS -5.9% (WSJ also reported that BJ's Wholesale [BJ] will move credit cards to Capital One [COF]), FULT -2.7%
Companies trading lower in after hours in reaction to news: CRDF -16% (announced new data from from lead clinical program evaluating onvansertib), OCX -8.7% (announced development and co-marketing agreement for two distributed IVD assays on Thermo Fisher's [TMO] Ion Torrent Genexus System), AXU -7.1% (announced bought deal offering), AZN -1.4% (reported results from TOPAZ-1 and HIMALAYA trials)