After Hours Summary: GME +7.4% jumps on 4-for-1 stock split announcement; USNA -9.8% falls on weak guidance; VERU +18.9% extends move after hoursAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SLP +1.4%
Companies trading higher in after hours in reaction to news: VERU +18.9% (extends momentum from +13% move during regular session), GME +7.4% (announces 4-for-1 stock split), BBBY +5.8% (interim CEO purchases 50,000 shares), SPCE +4.7% (chooses BA unit to design and manufacture next generation motherships), CPG +2.1% (increases dividend), SHBI +1.7% (authorizes new $5 mln share repurchase program), GVA +1.3% (secures $55 mln for improvements to major Alaskan roadway), CWT +0.9% (receives approval from commission to acquire assets of HOH Utilities), RKLB +0.5% (introduces Responsive Space Program), BX +0.2% (invests $400 mln in Xpansiv)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: USNA -9.8% (guides Q2 EPS and revs below consensus; lowers its FY22 outlook), ABBV -0.1%
Companies trading lower in after hours in reaction to news: CTMX -26.9% (Phase 2 results for praluzatamab ravtansine), ATRA -6.1% (to announce completion of ATA188 Phase 2 EMBOLD Study interim analysis), NAPA -6% (files mixed securities shelf offering; also selling stockholder to offer 5 mln shares), CLVS -1.4% (FDA will require an advisory meeting is sNDA filed, which co intends to do in Q3), SBOW -1.3% (stock offering), OIS -0.2% (stock offering), WDFC -0.1% (names new CFO), CBOE -0.1% (reports June monthly trading volume)