After Hours Summary: GES +25.7%, STLD +6.5%, FIVE +4.5% up on earnings/guidance; EL -9% and MAR -4.7% fall on withdrawn guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GES +25.7%, STLD +6.5% (guides Q1 higher), FIVE +4.5%, PD +3.2%, TCOM +1.7%, WSM +0.7%
Companies trading higher in after hours in reaction to news: CHEF +19.4% (issues update on liquidity), CBTX +4.3% (suspends share repurchase program), DRNA +4.1% (receives orphan drug designation from FDA for DCR-A1AT), KL +3.9% (increases dividend), FITB +2.9% (announces customer relief from coronavirus), CNQ +2% (provides corporate update on capital flexibility), FCAU +1.8% (will cease production at its plants across North America), ABT +1.1% (announces that the FDA has issued Emergency Use Authorization (EUA) for the co's molecular test for novel coronavirus), SBUX +1% (bullish Mad Money interview on CNBC), SQ +0.9% (FDIC Board conditionally approves Square's application for deposit insurance), JNJ +0.7% (Janssen unit submits NDA to the FDA for multiple sclerosis), MMS +0.6% (expands common stock repurchase authorization)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TLRD -10.4%, ONEM -2.3%
Companies trading lower in after hours in reaction to news: CARG -16.9% (offers 50% rate reduction on all marketplace subscription billings in April; suspends full year guidance), EL -9% (withdraws FY20 guidance), MAR -4.7% (withdraws all aspects of its 2020 outlook; provides business update), PTLA -4.1% (co suspends face-to-face field activity and instituted a mandatory work from home policy), PFE -2% (announces clinical data for two studies), MTN -1.1% (anticipates a negative impact of $180-$200 mln to EBITDA from coronavirus), VIAC -0.9% (suspends marketing efforts to sell Black Rock), ICE -0.1% (to move temporarily to fully electronic trading, effective March 23)