After Hours Summary: MNOV +94% climbs on development partnership with BARDA; OM +13%, NARI +12% rise on earnings; JNCE -6% moves lower on stock offeringAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OM +13.3%, NARI +12.0%, ABM +5.6%, LPRO +3.8%, MDB +1.5%
Companies trading higher in after hours in reaction to news: MNOV +93.7% (announced partnership with BARDA to develop MN-166 as medical countermeasure against chlorine gas-induced lung injury), XELA +36.7% (after closing higher by +180%), IAC +10% (reported February metrics), HTOO +9.7% (announced MoU with Magnesitas De Rubian for green hydrogen solutions for mining sector), BLDP +7.1% (to provide fuel cell modules for Canadian Pacific's [CP] Hydrogen Locomotive Program), ANGI +2% (reported February metrics), TOL +1.8% (raised dividend), VBIV +1.6% (initiated enrollment in Phase 1/2 study of prophylactic COVID-19 vaccine candidate VBI-2902), PENN +1.2% (approved to launch Barstool Sportsbook mobile app in Illinois)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: OSH -2.3%, CLNE -2.1%, XM -1.0%
Companies trading lower in after hours in reaction to news: JNCE -6.2% (stock offering), XENE -3.9% (stock offering), SONO -2.5% (provided 2024 financial targets; introduced Sonos Roam), APA -1.7% (co and Total [TOT] provided update on Keskesi East-1 discovery well)