After Hours Summary: NFLX -1.1% trades modestly lower on earnings; EAT -10.1% is sharply lower on weak guidance, taking down other casual restaurant chainsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LRN +5.4%, CNI +4.5% (also CEO to retire; also announces dividend increase), DMS +4% (lowers revenue guidance for Q3 and FY21), UAL +2.1%, WTFC +0.5%
Companies trading higher in after hours in reaction to news: SESN +13.9% (discloses scheduling of CMC Type A Meeting with the FDA for Vicineum BLA), AKRO +5.7% (receives FDA Fast Track designation for steatohepatitis treatment, efruxifermin), RKLB +1.9% (to attempt controlled ocean splashdown and recovery of Electron rocket during Nov launch), CLLS +1.9% (presents initial preclinical data on two gene therapies), ALSN +0.1% (announces partnership with Zhongtong Bus to provide city buses in Armenia), MDT +0.1% (announces clinical data on children with diabetes using the MiniMed 780G system)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ATIP -13.7%, EAT -10.1% (guides SepQ EPS and revs well below consensus), WDFC -8.9%, UCBI -1.6%, NFLX -1.1%, IBKR -0.6%, ISRG -0.5%
Companies trading lower in after hours in reaction to news: BBIG -19.3% (CEO and CFO resign), CAKE -3.1% (weak guidance from peer EAT), TXRH -2.9% (weak guidance from peer EAT), AERI -2.7% (interim CFO departs), BLMN -2.2% (weak guidance from peer EAT), BJRI -1.9% (weak guidance from peer EAT), DRI -1.7% (weak guidance from peer EAT), EXPR -1.4% (CFO to leave company), PLAY -1.2% (weak guidance from peer EAT), RRGB -0.8% (weak guidance from peer EAT), ROKU -0.4% (in sympathy with NFLX), PENN -0.3% (stock offering), CMP -0.1% (announces successful conversion testing of sustainable lithium brine resource to battery-grade lithium hydroxide), DIN -0.1% (weak guidance from peer EAT), CNM -0.1% (to acquire Catalone Pipe & Supply)