After Hours Summary: LYFT -30% down sharply on earnings is the top headline; DOCS -7.6%, PYPL -3.1% also lower on earnings; NET +10.9%, YELP +10.5%, AYX +9%, BE +8.5% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NET +10.9%, BHF +10.7%, YELP +10.5%, AYX +9%, BE +8.5%, CRSR +6.8%, LGF.A +5.5%, REG +4.6%, DXCM +4%, MODG +3.6%, TEX +2.9%, SPSC +2.5%, ROAD +2%, CTRE +2%, VCTR +2% (also increases dividend and reports Jan AUM), VTR +0.5%
Companies trading higher in after hours in reaction to news: INDI +6.4% (to acquire GEO Semiconductor), AB +2.4% (reports Jan AUM), RHI +2.1% (increases dividend; also increases buyback auth by an additional 10 mln shares), HCC +1.4% (increases dividend), FTCI +1.4% (announces new joint venture), APAM +1.1% (reports Jan AUM), AMED +0.8% (authorizes new $100 mln share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LYFT -30%, BARK -16.9% (also 12% workforce reduction). DOCS -7.6%, KN -7.3%, YELL -6.3%, FLO -4.1%, PYPL -3.1% (also CEO to retire), RBC -2.2%, MHK -2.1%, NWSA -1.7%, CC -1.4%, EQR -1.4%, PRO -1.2%, EXPE -1%, COUR -0.4%, MTD -0.2%, MSI -0.1%
Companies trading lower in after hours in reaction to news: PHAT -22.5% (receives complete response letters from FDA), ASPS -10.9% (stock offering), TRNO -3.2% (stock offering), AMC -2.4% (provides Forward Purchase Agreement updates), MUSA -1.5% (increases dividend), FBP -1.3% (increases dividend), MU -1.3% (discloses executive pay cuts), UBER -1.2% (in sympathy with weak LYFT earnings), AGRO -1.2% (names new CFO), DASH -1.1% (in sympathy with weak LYFT earnings), AMGN -0.4% (files mixed securities shelf offering; also files to sell common stock by selling securityholders), WT -0.2% (private offering of $130 mln of convertible notes), IVZ -0.1% (reports Jan AUM)