After Hours Summary: MDB +9.9%, FIVE +6.6%, GWRE +3.8% up on earnings; PD -22.6%, ZUO -19.6%, SAIC -6.4%, RKT -6.2%, CRWD -6% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MDB +9.9%, FIVE +6.6%, GWRE +3.8%, PVH +3.3%, CPRT +2.1%, SPWH +1.4%, POR +0.8%
Companies trading higher in after hours in reaction to news: AGTC +11.7% (to provide update on trial and data on Sep 9), STRO +10.9% (to discuss update on "promising" STRO-002 interim data), FLGT +9.3% (partners with NYC for back-to-school COVID-19 testing), NVAX +3.9% (announces publication of Phase 1 data for COVID-19 vaccine in NEJM), OSTK +1.2% (introduces zero trading fees), ALB +1.2% (selected by US Dept of Energy as partner for lithium research projects), SONO +1.2% (gets extension on exclusion of the co's core speaker products from tariffs through end of 2020), COST +0.9% (reports Q4 sales slightly better than consensus; Aug comps +14.5%), INCY +0.4% (announces publication of pivotal study results), COTY +0.3% (new CEO), UPS +0.3% (new collaboration with EBAY for expanded shipping options), NVS +0.3% (INCY announces publication of pivotal study results, NVS has rights to the drug), CRY +0.1% (acquires Ascyrus Medical), BE +0.1% (co and SK E&C announce 28-MW deployment of fuel cell technologies)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PD -22.6%, ZUO -19.6%, SAIC -6.4%, RKT -6.2%, CRWD -6%, SMAR -5.4%, CLDR -2.9%
Companies trading lower in after hours in reaction to news: AMC -4.7% (files for 30 mln share offering), TSLA -1.5% (Tesla competitor Lucid Motors shows good speed, according to TheVerge), LB -0.8% (S&P outlook revised to stable)