After Hours Summary: Lots of 13F filings; FN +11.5%, GSM +8.9%, TME +2.8% higher on earnings; ZIP -4.7% lower on earnings, lots of smaller names reportingAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: DNA +22%, BLND +17.4%, FN +11.5%, GSM +8.9%, TME +2.8%, GLBE +1.1%, TDUP +0.3%
Companies trading higher in after hours in reaction to news: GRTS +5.7% (publishes Interim Results from Gritstone bio's Phase 1/2 Study of GRANITE), ALLY +4.3% (Berkshire Hathaway discloses increased position), VRDN +3.4% (commences stock offering), UPLD +2.9% (CEO discloses purchase of 20K shares), WETG +2.5% (COO resigns), VTYX +2.2% (announces topline Phase 1 data for VTX958), VMEO +2.2% (reports July metrics), EA +1.8% (authorizes new $2.6 bln share repurchase program), NRDY +1.4% (acquires Codeverse to add coding classes to its library of academic programs, also reports earnings), PARA +1.1% (WMT to offer Paramount+ streaming subscription at no cost; also Berkshire Hathaway discloses increased position), CE +1% (Berkshire Hathaway discloses increased position), CR +0.9% (announces sale of subsidiary holding all asbestos liabilities, related insurance assets, and $550 mln of cash), RKLB +0.8% (upcoming 30th Electron launch will deliver its 150th payload), STOR +0.8% (Berkshire Hathaway discloses decreased position), ECL +0.8% (10% owner Casacde Investment discloses purchase of $31.8 mln in shares), STNG +0.8% (STNG repurchased $50 mln of shares from NETI, a related party), MCK +0.7% (Berkshire Hathaway discloses increased position), NETI +0.7% (STNG repurchased $50 mln of shares from NETI, a related party), WMT +0.6% (WMT to offer Paramount+ streaming subscription at no cost), FULC +0.1% (commences stock offering), PAYC +0.1% (increases share repurchase authorization to $1.1 bln), ATVI +0.1% (Berkshire Hathaway discloses increased position)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ALBO -15.8%, SMFR -13.8%, SLGC -11.9%, COMP -10.3%, FLNC -5.4%, ZIP -4.7%, NVTS -2.6% (also acquires GeneSiC Semiconductor), SHLS -1.4%
Companies trading lower in after hours in reaction to news: TELA -7.1% (commences stock offering), USB -7% (Berkshire Hathaway discloses decreased position), NOVA -6.8% (to offer $425 mln of convertible senior notes), TRIN -6.6% (commences stock offering), INBX -3% (European Commission grants orphan medicinal product designation to INBRX-109), MKL -0.9% (Berkshire Hathaway discloses increased position), OXY -0.4% (Berkshire Hathaway discloses increased position), AAPL -0.1% (Berkshire Hathaway discloses increased position), CVX -0.1% (Berkshire Hathaway discloses increased position)