After Hours Summary: CVAC -49% falls sharply as its vaccine candidate did not meet prespecified statistical success criteria; LEN +0.4% up slightly on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LEN +0.4%
Companies trading higher in after hours in reaction to news: STSA +16.2% (announces positive results from a Phase 1 trial of STS101), TWO +4.7% (to join S&P SmallCap 600), THC +3.5% (sells five hospitals in Florida to Steward Health for $1.1 bln), PSN +2.6% (awarded $2.2 bln Missile Defense Agency contract), NVAX +2.4% (in reaction to CVAC news), WKHS +2.3% (files formal complaint regarding US Postal Service NGDV contract), FSK +1.5% (completes merger with FSKR; announces $100 mln share repurchase program), MRNA +1.4% (in reaction to CVAC news), BNTX +1.2% (in reaction to CVAC news), GSL +1.1% (announces purchase of four Panamax containerships for $148 mln), DMTK +0.6% (names three new leadership appointments including new CMO), AES +0.5% (PUCO approves AES Ohio settlement agreement), TRIN +0.4% (increases dividend), WLTW +0.4% (US antitrust officials sue to stop AON's acquisition of WLTW, AON and WLTW issue statement that disagrees with decision), EFC +0.2% (reports estimated book value of $18.23/sh), PFE +0.1% (announces publication of "positive" findings from STOP-COVID study; also in reaction to CVAC news)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HNST -2.3%
Companies trading lower in after hours in reaction to news: CVAC -49% (provides interim update on Phase 2b/3 trial of COVID-19 vaccine candidate CVnCoV; did not meet prespecified statistical success criteria), NOVN -9.7% (stock offering), TRCH -4.7% (stock offering), AQN -4.2% (announces plans for $900 mln public offering), NOG -4% (to acquire non-operating interests in Texas and New Mexico; also commences 5 mln share offering), SNCR -3.7% (CFO to depart), CYCN -1.1% (stock offering), ERF -0.8% (files for $2 bln mixed securities shelf offering), SB -0.5% (acquires Panamax class, dry-bulk vessel for $22 mln), CLPT -0.5% (installs version 2.0 software at neurosurgery clinic in Poland), MSFT -0.4% (names Satya Nadella as board chair), BA -0.2% (FAA mandates 737 MAX operators to conduct further inspections for automated flight system, according to Reuters), GM -0.2% (seeking longer-term chip supply contracts, according to Reuters), BIIB -0.1% (announces topline results from Phase 2 study of Gosuranemab), KRC -0.1% (announces three strategic acquisitions)