After Hours Summary: CSCO -5.4% falls on earnings; lots of ASCO-related announcements after the closeAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ZTO +4.4%, CPRT +3.3%, SNPS +2.2%, TARO +1.6%
Companies trading higher in after hours in reaction to news: ALLO +11.9% (CD19 Forum Highlights Positive Results from Phase 1 Studies of ALLO-501 and ALLO-501A), ONCT +10.8% (ASCO-related announcement), ADAP +8.2% (ASCO-related announcement), YMAB +7.3% (announces distribution agreement with Adium Pharma in Latin America), DTIL +4.4% (ASCO-related announcement), NVVE +3.8% (announces collaboration with Spirii), SNSE +3.8% (announces new Phase 1/2 data for SNS-301), AVEO +2.6% (ASCO-related announcement), AFG +2.5% (to declare special dividend of $12-14/sh), RCUS +2.4% (ASCO-related announcement), BGNE +1.9% (ASCO-related announcement), IOVA +1.7% (ASCO-related announcement), MEIP +1.5% (ASCO-related announcement), TAK +1.3% (ASCO-related announcement), CLVS +1.3% (ASCO-related announcement), BMY +1.2% (ASCO-related announcement), NXTC +1.1% (ASCO-related announcement), F +0.6% (to launch battery JV with SK Innovation to support EV rollout, according to Reuters), CGEM +0.6% (ASCO-related announcement), IMAB +0.5% (ASCO-related announcement), SNY +0.3% (ASCO-related announcement), SQZ +0.2% (ASCO-related announcement), PXD +0.1% (stock offering), GILD +0.1% (ASCO-related announcement), ADCT +0.1% (ASCO-related announcement)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCVL -7%, GDS -6.6%, CSCO -5.4%, LB -2.1% (also appoints CFOs for standalone Bath & Body Works and Victoria's Secret), KEYS -1.5%, BEKE -0.4%
Companies trading lower in after hours in reaction to news: BDTX -16% (ASCO-related announcement), ALPN -6.9% (ASCO-related announcement), SEEL -4.9% (stock offering), ADAG -4.8% (ASCO-related announcement), VYGR -3% (announces strategic shift towards its next-generation AAV capsid platform; CEO Andre Turenne to step down), IMGN -3% (ASCO-related announcement), SRNE -1.9% (stock offering), EXAS -1.6% (ASCO-related announcement), PSFE -1.6% (stock offering), DPZ -1.3% (CFO steps down), ASXC -1% (files mixed securities shelf offering), BPMC -0.7% (ASCO-related announcement), LLY -0.4% (ASCO-related announcement), AZN -0.2% (ASCO-related announcement), JNJ -0.1% (ASCO-related announcement)