After Hours Summary: INTC -10.4% is lower on earnings and 7nm delay; SKX +9.4%, SAM +8.6%, MAT +7.5%, EW +5% are up on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CLFD +21.5%, SCPL +12.9%, BJRI +10.5%, SGMS +10.5%, LMAT +9.6%, SKX +9.4%, SAM +8.6%, MAT +7.5%, EW +5%, MANH +4%, KNL +3.4%, FE +3%, AUY +2.8%, MXL +2.2%, FBNC +1.9%, OZK +1.4%, SIVB +1.4%, SRCE +1.2%, VRSN +0.6%, FWRD +0.5%, ASB +0.2%
Companies trading higher in after hours in reaction to news: THTX +45.8% (announces new data supporting the potential role of tesamorelin in the treatment of HIV-associated NASH), SWIR +29.6% (to divest China-based automotive embedded module product line for US$165 mln), RDUS +10.1% (announces license agreement with Menarini Group to develop/commercialize elacestrant), AMD +8.5% (sympathy play on Intel delaying its 7nm-based CPU), ADAP +2.6% (European Medicines Agency grants access to PRIME initiative for ADP-A2M4 for synovial sarcoma), ARCT +2.3% (announces binding term sheet with Israel to supply COVID-19 vaccine candidate), VSAT +1.2% (closes of $175 mln strategic common stock investment), WABC +1% (approves plan to repurchase up to 1.75 mln shares), MYOK +0.8% (receives FDA Breakthrough Therapy Designation), DKNG +0.5% (announces platform deal with KAMBI on DKNG's planned migration to SBTech and iGaming), WBA +0.4% (S&P outlook revised to negative)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EHTH -22.2%, INTC -10.4%, RHI -3%, SWKS -2.8%, TR -1.1%, ETFC -0.5%, EIG -0.1%
Companies trading lower in after hours in reaction to news: AMAT -2.2% (semi equipment names weak on INTC report and 7nm delay), EVR -1.6% (announces strategic alliance with Seneca Evercore in Brazil), KLAC -1.1% (semi equipment names weak on INTC report and 7nm delay), LRCX -1.1% (semi equipment names weak on INTC report and 7nm delay), ASML -1.1% (semi equipment names weak on INTC report and 7nm delay), DIS -0.8% (delays several movies, according to CNBC), TARO -0.7% (resolves DOJ antitrust investigations), RPAY -0.4% (acquires cPayPlus), CPRX -0.4% (files for $200 mln mixed securities shelf offering), BMRN -0.2% (submits MAA to the EMA for vosoritide), NVAX -0.1% (co and FUJIFILM announce deal for large-scale manufacturing of vaccine candidate), ELY -0.1% (JANA Partners lowers active stake)