After Hours Summary: MU -4%, JEF -3.4% lower on earnings; PTON +16.8% pops on partnership with LULU; JCI -1.2% ticks lower on cybersecurity incident
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: GRTS +42.9% (awarded BARDA contract to conduct Phase 2b study for COVID-19 valued at up to $433 mln), PTON +16.8% (PTON and LULU announce partnership; PTON to become content provider for LULU, which will become primary athletic apparel partner to PTON), SLNO +4.2% (stock offering), FTI +0.8% (awarded large contract by EQNR for its Rosebank project), PTVE +0.6% (collaborating with XOM to provide packaging technologies to major food brands), TAK +0.6% (FDA approves subcutaneous administration of ENTYVIO), UBER +0.4% (names new CFO), UPS +0.4% (discusses automation improvements), LULU +0.3% (PTON and LULU announce partnership; PTON to become content provider for LULU, which will become primary athletic apparel partner to PTON; LULU to discontinue its Studio Mirror), PINE +0.1% (files for $350 mln mixed securities shelf offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MU -4%, JEF -3.4%, NAPA -2.2% (also CEO to retire), CNXC -2% (also increases dividend)
Companies trading lower in after hours in reaction to news: OPRA -6.1% (ADS offering by pre-IPO shareholder), JCI -1.2% (reports cybersecurity incident), CTVA -0.5% (files suit against Inari Agriculture), INTC -0.1% (starts high-volume plant in Ireland), KRP -0.1% (unit offering by selling unitholders)