After Hours Summary: NARI +21.8% surging on confirmation of SYK takeover; SYK -1.5% ticking lower after agreeing to acquire NARI for ~$4.9 bln
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ABBV +0.4% (lowers guidance)
Companies trading higher in after hours in reaction to news: NARI +21.8% (to be acquired by SYK for $4.9 bln), MPTI +12% ($10 mln U.S. DoD order), KURA +2.9% (promotes new CMO), RAIL +2.1% (to redeem all preferred shares), SYM +2% (appoints new CTO), ULTA +1.8% (appoints new CEO), NVX +1.5% (purchases land for future manufacturing plant), ARCT +0.7% (Phase 2 dosing initiation), META +0.6% (appoints Dana White among others to Board), ANSS +0.2% (to sell PowerArtist business to Keysight Technologies), BA +0.2% (awarded $616 U.S. Air Force contract), ASR +0.1% (December passenger traffic)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None
Companies trading lower in after hours in reaction to news: SLRN -16.9% (additional Phase 2 data and Phase 3 program design), DNLI -8.2% (results for regimen G), SYK -1.5% (to acquire Inari Medical (NARI) for $4.9 bln), DOMO -0.3% (partners with Data Consulting Group), AHH -0.1% (exiting two retail real estate assets), APA -0.1% (reducing officer-level positions by over 30%), APO -0.1% (nearing $5.6 bln deal for GFL Environmental's environmental services unit, according to Bloomberg)