After Hours Summary: COST -1.5% lower on earnings; MLKN +17% higher on earnings; HAYW +8.4% to join S&P SmallCap 600; MLI +2.9% declares 2-for-1 stock split
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MLKN +17%, RKLB +0.2% (guides Q3 revs below consensus)
Companies trading higher in after hours in reaction to news: HAYW +8.4% (to join S&P SmallCap 600), MLI +2.9% (declares 2-for-1 stock split), TVTX +2% (to present abstracts), PCRX +0.8% (CEO to retire), OVV +0.7% (renews share buyback program), SEVN +0.5% (names new CFO), IMVT +0.5% ($300 mln stock offering), AFRM +0.3% (WEAV partners with AFRM to expand payment options), TEVA +0.2% (Federal judge overturns $176.5 mln loss in TEVA lawsuit according to Reuters), WEAV +0.2% (WEAV partners with AFRM to expand payment options), PLTR +0.1% (awarded $250 mln U.S. Army contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PRGS -1.6%, COST -1.5%, AIR -0.1%
Companies trading lower in after hours in reaction to news: MORF -6.2% (CEO to take a medical leave of absence), CIVI -2% (to move to S&P MidCap 400 from S&P SmallCap 600), ADVM -1.2% (announces Aflibercept Protein data from LUNA Phase 2 Trial), DHC -0.9% (names new CFO; also hires financial advisor to help it evaluate options to address near term capital needs), CRBU -0.6% (ABBV terminates collaboration and license agreement), VLD -0.4% (CFO resigns), CNC -0.3% (plans a 3% workforce reduction according to BizJournals), LLY -0.1% (Federal judge overturns $176.5 mln loss in TEVA lawsuit according to Reuters)