After Hours Summary: DBVT +65.9% on positive topline data; ULCC +6.5% on Bloomberg report that Spirit Airlines considering merger; WOR -9.2%, LEN -4.5% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None.
Companies trading higher in after hours in reaction to news: DBVT +65.9% (topline results from Phase 3 VITESSE Trial), REPX +6.6% (authorizes new $100 mln share repurchase program), ULCC +6.5% (Spirit Airlines considering merger with ULCC amid restructuring, according to Bloomberg), NRDS +1.9% (authorizes $50 mln increase to it share repurchase program), NFLX +1.6% (WBD set to reject PSKY bid in favor of NFLX deal, according to WSJ), SLDB +1.4% (HHS officially adds Dechenne muscular dystrophy to RUSP), ZIM +0.4% (reaches deal with activist shareholders)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PLCE -29.3%, WOR -9.2% (also to acquire LSI Group), LEN -4.5%
Companies trading lower in after hours in reaction to news: SSP -3.4% (SSP says SBGI proposal is not in the best interests of the company), INBX -2% (updates on the INBRX-106 program), WBD -1.2% (WBD set to reject PSKY bid in favor of NFLX deal, according to WSJ; also Kushner-backed Affinity exits the WBD takeover race, according to Bloomberg), PSKY -1.1% (WBD set to reject PSKY bid in favor of NFLX deal, according to WSJ), COHR -1% (stock offering by selling shareholders), DRS -0.7% (achieves milestone with first space-based test of data transport), CPNG -0.4% (discloses cybersecurity event), GRBK -0.3% (authorizes new $150 mln share repurchase program), PLTR -0.2% (Accenture and Palantir expand parnetship), HY -0.2% (CFO to resign)