After Hours Summary: MITK +11.2%, AVAV +10.3%, GTLB +4.5% up on earnings; ENB -6.8% sliding on M&A announcement; ASAN -2.5%, ZS -1.1% down on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MITK +11.2%, AVAV +10.3%, GTLB +4.5%, ASND +3%, HQY +1.7%
Companies trading higher in after hours in reaction to news: GOGO +4.7% (approves $50 mln repurchase program), RPRX +2.6% (enters into $150 mln royalty funding agreement with Ascendis Pharma), HGV +1.5% (provides Maui Wildfires impact update), BTBT +0.9% (production update), PAC +0.5% (preliminary passenger traffic for August), HA +0.3% (provides Q3 updates), DM +0.3% (expects Stratasys deal to close in Q4), ABT +0.1% (to acquire Bigfoot)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ASAN -2.5%, ZS -1.1%
Companies trading lower in after hours in reaction to news: ENB -6.8% (acquires three utilities for $14 bln from Dominion Energy; also files bought-deal offering of common shares), CSGS -4.4% ($350 mln convertible senior notes), VSTO -2.5% (targeting Q4 for Outdoor Products spin-off), PTEN -2.2% (files mixed shelf), VTRU -1.2% (group restructuring), D -1.1% (selling three distribution firms to ENB for $14 bln), AMZN -0.4% (FTC sets antitrust suit for this month, according to WSJ), ARMK -0.1% (Vestis to be the name of its uniform services business), PH -0.1% (files mixed shelf), ASR -0.1% (total passenger traffic for August)