After Hours Summary: INTC -2.8%, STX -2.5% fall on earnings; MAT +7.5%, SKX +7.3%, SAM +6.8%, SNAP +4.6% up big on earnings; OLED +11.1% extends long-term supply deal;After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MAT +7.5%, SKX +7.3%, SAM +6.8%, SNAP +4.6%, BJRI +4.1%, VICR +3.3%, WWE +2.9%, CE +2.6%, KN +1.7%, VRSN +1.2%, USX +1.2%, HTH +1%, OZK +0.3%, CSL +0.2%, EIG +0.2%, FE +0.1%
Companies trading higher in after hours in reaction to news: EBSB +15% (INDB to acquire EBSB), SLAB +12.4% (SWKS to acquire the Infrastructure & Automotive business of SLAB for $2.75 bln), OLED +11.1% (extends long-term OLED agreements with Visionox), DMTK +8.8% (launches DermTech PLAplus for early detection of melanoma), SWKS +4.7% (SWKS to acquire the Infrastructure & Automotive business of SLAB for $2.75 bln), SD +4.6% (acquires overriding royalty interest assets of SandRidge Mississippian Trust for $4.85 mln), ANAB +2.1% (FDA approves GSK's Biologics License Application for JEMPERLI), XEL +1.2% (files mixed securities shelf offering), GSK +0.8% (FDA approves GSK's Biologics License Application for JEMPERLI), AMD +0.7% (in sympathy with INTC earnings), DAL +0.3% (to exercise purchase rights for 25 A321neo aircraft), OLO +0.2% (OLO and DASH agree to terms on a new multi-year agreement, also resolve contract dispute), TSN +0.1% (to expand production capacity at Arkansas facility), WDC +0.1% (in sympathy with STX earnings)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: QDEL -15% (issues downside Q1 rev guidance; also completes distribution agreement with MCK), INTC -2.8%, STX -2.5%, CAMP -1.7%, FFBC -0.6%
Companies trading lower in after hours in reaction to news: EDAP -12.3% (ADS offering), THC -1.8% (Glenview Capital lowers stake to 9.99% from ~12.9%), VRT -1.1% (to restate 2020 financials as a result of recent SEC guidance for all SPAC-related cos on accoutning of warrants), ADVM -0.4% (files new investor presentation in connection with 2021 Annual Meeting), CCS -0.2% (plans to build over 400 homes in Houston area), MOH -0.1% (MOH to acquire CI's Texas Medicaid and Medicare-Medicaid Plan contracts)