After Hours Summary: DELL +7.9% higher on plans to spin-off of rest of VMW; AEO +6.1% higher on bullish guidance; CSGP to acquire Homes.comAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: APXT +16.2% (provides guidance for AvePoint), AEO +6.1% (guides Q1 revs above consensus), CMPR +5.7% (guides MarQ revs above single analyst est), HROW +1.8%, TGNA +0.9% (guides Q1 revs above consensus), SJR +0.1%
Companies trading higher in after hours in reaction to news: DELL +7.9% (DELL announces planned spin-off of 81% equity ownership of VMW), ROCC +2.4% (announces combination agreement with Reservoir Holdings), NVAX +2.2% (to participate in a Phase 2 trial which combines COVID vaccines), REI +1.8% (provides update on drilling program), ADS +1.4% (names new CFO), VMW +1.2% (DELL announces planned spin-off of 81% equity ownership of VMW), MRNA +0.8% (met with Nexus Pharma re vaccine manufacturing, according to Reuters), ZG +0.8% (in sympathy with CSGP acquiring Homes.com), ABCL +0.7% (enters into strategic multi-target discovery collaboration with Empirico), SHOO +0.5% (acquires 49.9% share that it did not already own of its European JV), COST +0.2% (increases dividend), BMY +0.2% (receives EC approval for Opdivo), PRSP +0.2% (awarded $71 mln US Space Force contract), ALLE +0.1% (files mixed securities shelf offering), RDFN +0.1% (in sympathy with CSGP acquiring Homes.com)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ETH -2.8% (guides MarQ EPS above dual-analyst est), LCII -0.1%
Companies trading lower in after hours in reaction to news: MAXN -7.3% (stock offering), GBX -4.5% (convertible notes offering), JNJ -0.6% (CDC panel postpones decision on JNJ vaccine, not ready to vote yet, according to CNBC), THS -0.2% (COO stepping down), AXS -0.2% (announces preliminary Q1 net loss estimate for catastrophes), BDX -0.1% (receives FDA 510(k) clearance for Pristine Long-Term Hemodialysis Catheter), RNR -0.1% (estimates net negative impact of $180 mln from Winter Storm Uri), URI -0.1% (acquires Franklin Equipment), LVS -0.1% (launches ad campaign to bring casinos to Texas, according to Texas Tribune)