After Hours Summary: JCOM +14%, ICUI +6.8% up on earnings; PFNX +59.5% to be acquired; TLRY -10%, OMER -9.8% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCOR +19.8%, KFRC +15.8%, JCOM +14%, GSKY +13.6%, QRTEA +7.4%, ICUI +6.8% (also signs long-term US distribution deal with GRFS), DHT +5.5%, UNIT +4.6%, CSOD +4.2%, STAY +4%, ADUS +3.6%, IART +3.3%, MESA +3.2%, NHI +2.7%, GO +2.4%, WES +2.4%, TME +2.2%, TCO +2.1%, ESPR +1.9%, ADPT +1.7%, NTR +1.7%, ADVM +1.7%, XPER +1.4%, PRA +0.5%, KAMN +0.3%
Companies trading higher in after hours in reaction to news: PFNX +59.5% (to be acquired by LGND), EQ +31.3% (announces "positive" interim data with itolizumab in EQUATE study), MVC +15% (to merge with BBDC), GNSS +7.4% (to acquire of Amika Mobile; also files for mixed shelf offering), ADVM +4.2% (positive interim data from Phase 1 Trial of ADVM-022), TME +2.2% (Tencent Music and Universal Music announce multi-year extension of licensing agreement), BBDC +1.2% (to merge with MVC), CALA +0.8% (files for $250 mln mixed shelf offering), QDEL +0.6% (says Maryland now allows for COVID testing even without symptoms), CFG +0.4% (Fed has decided not to change prior decision on DFAST ruling), QGEN +0.2% (announces new commercialization and distribution agreement with HTGM), GD +0.2% (awarded $430 mln Army contract), CNS +0.1% (reports July assets under mgmt), GPK +0.1% (announces second $250 mln acquisition of IP's minority partnership interest), AMK +0.1% (issues July report), CUK +0.1% (announces upcoming voyage cancellations for three Seabourn ships)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NGL -12.9%, TLRY -10%, OMER -9.8% (also announces stock offering), IPAR -9.6%, IFF -7.5%, INO -7.4%, ANGI -5.8%, OXY -5.8%, CNXN -5.7%, QLYS -5.2%, IAC -3.5%, ZI -3.5%, HALO -3.1%, NSTG -3%, RAMP -1.4%, SPG -0.9%, RUN -0.8%, AKBA -0.7%, RPAY -0.6%, ESE -0.1%
Companies trading lower in after hours in reaction to news: SPT -6.3% (stock offering), SDGR -5.1% (stock offering), BBBY -4.8% (lifts suspension of planned debt reduction; also says July comps were posiitve), OCFT -3.6% (stock offering), PRFT -3.5% (convertible notes offering), GTT -2.7% (delays 10-Q filing), AVYA -2.6% (stock offering), LYFT -2.1% (unfavorable court ruling in California case), NVAX -2.1% (expands partnership with AGC Biologics), UPLD -2.1% (stock offering), UBER -1.5% (unfavorable court ruling in California case), KKR -1.4% (convertible preferred offering), FTK -1.3% (delays 10-Q filing), W -1.3% (convertible offering), FND -0.8% (stock offering), NTES -0.5% (NetEase Cloud Music enters into licensing agreement with Universal Music Group in China), ADAP -0.4% (files for $200 mln mixed shelf offering), FE -0.2% (delays 10-Q filing), MTCH -0.2% (files mixed securities shelf offering)