After Hours Summary: MU -4.3% headlines the after hours with weak guidance; SHW -4% also lower on weak guidance; CALM +3.3% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CALM +3.3%
Companies trading higher in after hours in reaction to news: LCID +7.5% (customers expected to begin receiving Lucid Air Dream vehicles in late Oct 2021), WVE +1.5% (announces new data for RNA editing capability and provides update on AATD program), AFRM +0.9% (co says crypto holdings are a "new and coming soon" feature), OVV +0.3% (receives regulatory approvals for share buy-back program), BA +0.1% (awarded $340 mln Navy contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MU -4.3%, SHW -4% (lowers Q3 and FY21 guidance; also to acquire Specialty Polymers)
Companies trading lower in after hours in reaction to news: LFMD -10.1% (stock offering), EQT -3.8% (stock offering), VWE -3.4% (announces acquisition of Vinesse), DNN -2.2% (announces US$50 mln at-the-market offering program), WDC -1.6% (in sympathy with weak MU guidance), PPG -1.2% (in sympathy with weak SHW guidance), AMD -0.6% (in sympathy with weak MU guidance), STX -0.5% (in sympathy with weak MU guidance), CBIO -0.4% (FDA grants Orphan Disease Designation for MarzAA), MMS -0.1% (NAVI and MMS reach deal whereby NAVI will transfer loan servicing for US DOE-owned student loans to MMS thru a contract novation)