After Hours Summary: IIVI +24.5%, GDOT +7.4% up big on earnings; NVAX +40% a big mover on COVID funding; EB -11.7%, DIOD -7.4%, JCOM -5.6% weak on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: IIVI +24.5%, BHF +14.1%, FBM +8.6%, GWPH +8.1%, PSEC +8%, GDOT +7.4%, MESA +7.4%, ENSG +4.9%, ERI +4.3%, GO +3.6%, KWR +3.5%, DDOG +3.4%, BE +2.7%, SPG +2.6%, CZR +2.4%, AMCR +2%, ECPG +1.3%, RPAY +1.3%, HHC +1.2%, CDLX +0.6%, IPAR +0.3%
Companies trading higher in after hours in reaction to news: CBAY +110.9% (provides corporate update; independent panel concludes there was no evidence of seladelpar-induced liver injury in Phase 2b NASH study), NVAX +40% (announces COVID funding of up to $388 mln from CEPI to advance vaccine development; also reports Q1 earnings), IVR +7.6% (provides update on dividend payment, portfolio), MYOK +3.2% ($450 mln stock offering), AB +1% (reports month-end assets under management), ABT +0.7% (President Trump says increase in testing is possible due to ABT and TMO testing), TSLA +0.3% (CEO Elon Musk tweets that co "is restarting production today against Alameda County rules")
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EB -11.7%, CSOD -7.7% (also names new CEO), DIOD -7.4%, SUN -7.1%, INO -5.8%, JCOM -5.6%, AIMT -5.3% (also co says pandemic has paused the commercial launch of PALFORZIA), TME -5.2%, HALO -4.9%, AEE -4.8%, PLYA -4.3%, TLRY -4.3%, SGMO -4%, XLRN -3.9%, FATE -3.8%, MIME -3.5%, HTZ -3.5%, AMBC -3.3%, OMER -2.9%, EZPW -2.7%, RETA -2.6%, TXG -2.6%, SGMS -2.5%, GSKY -2.3%, AMN -2.2%, FSCT -1.8%, ET -1.7%, CABO -1.1%, CBT -0.3%, G -0.3%, KAMN -0.3%, AFG -0.2%, DRH -0.2%, FOE -0.2%, LTHM -0.2%, NHI -0.2%, ETH -0.1%, LOGI -0.1%, MBI -0.1%, NSA -0.1%
Companies trading lower in after hours in reaction to news: GNFT -47% (announces results from interim analysis of RESOLVE-IT Phase 3 trial; trial did not meet primary endpoint), STRO -15.9% (announces stock offering; size not disclosed), AXLA -10.4% (files for 11 mln share common stock offering), SQNS -7.1% (launches ADS offering; size not disclosed), AKBA -6.6% ($100 mln stock offering), CHEF -4.4% ($75 mln stock offering), QTWO -4.3% (launches follow-on offering of $275 mln of its common shares), PING -3.2% (launches offering of 8.5 mln shares by selling stockholders), BLK -2.2% (commences public secondary offering; announces intended $1.1 bln stock repurchase), LXP -1.5% (public offering of 15 mln shares)