After Hours Summary: FFIV +14%, SFM +14% among big gainers following earnings; SYM -17.3%, LSCC -11.5% turning significantly lower on quarterly numbers
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FFIV +14%, SFM +14%, HLIT +10.8%, TLRY +9.8%, VRNS +9.1%, BYON +8.3%, CORT +5.3%, EQR +1.7%, NEO +1.1%, CVI +0.7%, PCH +0.4%, WELL +0.2%, FLS +0.2%, ESI +0.1%
Companies trading higher in after hours in reaction to news: VSTM +4.7% (FDA orphan drug designation for avutometinib and defactinib), PH +2.2% (to divest North America Composites and Fuel Containment Division), SD +1.5% (to acquire assets in Western Anadarko basin for $144 mln), LDOS +1.1% (awarded $823 mln contract from Defense Information Systems Agency), IBP +0.1% (acquires Euroview Enterprises), HESM +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SYM -17.3%, LSCC -11.5%, RMBS -9.6% (also expands memory interface chip offering), WWD -8.8%, HOLX -8.3%, AMKR -7.4%, SANM -6.9%, SBAC -3.9%, SAFE -2.6%, CWK -2%, BRX -1.4%, CR -1%, TRNS -0.9%, CHK -0.7%, ST -0.4%, NTST -0.2% (increases dividend), LTC -0.1%
Companies trading lower in after hours in reaction to news: CLDX -13.8% (topline results from Barzolvolimab Phase 2 study), TERN -4.3% (CFO to depart), AVXL -1.3% (files $150 mln stock offering), RNST -1.2% (to acquire The First Bancshares; files $200 mln stock offering)