After Hours Summary: IOT -6.4%, DOCU -5.8%, MTN -5.7% lower on earnings; BMEA -59.6% lowers as FDA places clinical hold; EMR +1.7% to sell its remaining interests in Copeland JV
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BRZE +14.3%, NX +6.3%, AVO +6%, AGX +3.8%, PL +3.8%
Companies trading higher in after hours in reaction to news: EMR +1.7% (to sell its remaining interests in Copeland JV for $3.5 bln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: IOT -6.4%, DOCU -5.8% (also authorizes $1 bln increase to share repurchase program), MTN -5.7%, ZUMZ -2.6% (also authorizes new $25 mln share repurchase program), BBCP -1.7%, NAPA -0.1%
Companies trading lower in after hours in reaction to news: BMEA -59.6% (FDA places full clinical hold Phase I/II clinical trials of BMF-219), NGL -10.9% (authorizes new $50 mln common unit repurchase program), XPO -2.8% (reports May operating metrics), JFIN -2.6% (files $200 mln mixed shelf securities offering), HFFG -2.5% (former execs charged by SEC for role in fraudulent schemes), ROG -2.2% (to wind down manufacturing of advanced circuit materials at Belgium factory), GVA -1.2% ($325 mln convertible notes offering), QGEN -1.1% (to discontinue NeuMoDx 96 and 288 Molecular Systems; also reaffirms Q2 guidance), SMLR -0.5% (files $150 mln mixed shelf securities offering; also purchases an additional 247 bitcoin), SHAK -0.2% (files mixed shelf securities offering), CHRW -0.1% (names new CFO), ASR -0.1% (reports May passenger traffic)