After Hours Summary: FUBO +25.4%, UPST +18%, U +3.8% higher on earnings; SLQT -8.8%, LMND -7.8%, VZIO -5.8%, GO -5.5% lower on earnings; INTU +1.8% lowered AprQ guidance but expects to exceed FY21 guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FUBO +25.4%, UPST +18%, SNDX +6%, OLO +5.9%, CNR +5.2%, CHK +5% (also initiates dividend), NARI +3.9%, U +3.8%, NEWT +2.6% (also increases dividend), INTU +1.8% (lowers guidance for AprQ due to IRS filing date extension, but expects to exceed high end of FY21 guidance), BIGC +1.6%, OPEN +1.5%, EA +0.9%, LPRO +0.7%, BGS +0.4% (also names new CEO), HBM +0.4%, OR +0.1%
Companies trading higher in after hours in reaction to news: CVI +11.9% (announces special dividend), SIEN +10.5% (to sell miraDry business to 1315 Capital), ABST +5.4% (to acquire NetMotion for $340 mln in cash), TDUP +3.5% (to power resale for Very Bradley through Resale-as-a-Service), DFNS +1.8% (IronNet named manufacturer on ITES-SW2 contract), ANAT +1.2% (issues response to recent media reports), SRRK +1.1% (announces publication of Phase 1 trial data evaluating apitemograb), OEC +0.2% (to increase prices on specialty carbon black products), RIDE +0.1% (to restate certain earnings due to SEC guidance on accounting method for warrants relating to SPACs)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CURI -13.6% (also acquires One Day University), ARRY -11.7% (also enters into supply agreement with Nucor), SLQT -8.8%, LMND -7.8%, VZIO -5.8%, GO -5.5%, QS -3.3%, DAR -2.1%, JAMF -1.1% (also to acquire Wandera for $400 mln), KGC -0.9%, SGFY -0.1%, HLI -0.1%
Companies trading lower in after hours in reaction to news: PRAX -7.1% (stock offering), IMNM -4.3% (stock offering), AXNX -4.2% (stock offering), SPCE -1.8% (to delay its 10-Q), HYLN -1.6% (provides Q1 business update), SITC -0.9% (increases dividend), INCY -0.6% (INCY and MOR dose first patient in Phase 3 frontMIND study), MGM -0.3% (to sell MGM Springfield real estate to MGP for $400 mln in cash), GPS -0.2% (resumes share repurchase program but cuts quarterly dividend roughly in half), IVZ -0.1% (reports April AUM), APAM -0.1% (reports April AUM), ALE -0.1% (appoints CEO Bethany Owen as Chair of the Board), ALKT -0.1% (announces partial early lock-up release with respect to common shares), PQG -0.1% (to delay its 10-Q)