After Hours Summary: NFLX -8.8% down big on earnings / weak sub add growth; ISRG +3.9%, EW +3.8% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LRN +7.4%, HWC +4.8%, ISRG +3.9%, EW +3.8%, THC +2.8%, IBKR +2.2%, WRB +1.7%, MRO +0.2%
Companies trading higher in after hours in reaction to news: KIN +6.2% (unveils "positive" results in an interleukin IL-31 antibody program), XXII +1.1% (co says its confidence grows on implementation of proposed nicotine cap and menthol ban), NOVA +0.9% (to launch solar and storage services in Ohio and North Carolina), WRAP +0.8% (police-related stocks react to Chauvin verdict), ALKS +0.6% (presents new data from psychiatry portfolio), LH +0.1% (announces availability of Pixel COVID-19 PCR Test Home Colelction Kit for small businesses), WES +0.1% (slightly increases quarterly cash distribution), CNI +0.1% (CP comments on CNI unsolicited offer to acquire KSU), GVA +0.1% (wins contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NOTV -10.2% (also announces stock offering), NFLX -8.8% (also announces $5 bln share buyback authorization), CSX -1.7%
Companies trading lower in after hours in reaction to news: TRVG -3.6% (files for $500 mln mixed securities shelf offering; also ADS offering), ROKU -3.6% (in sympathy with NFLX earnings, weak sub adds), CMCO -2.9% (files for $150 mln common stock offering), FUBO -2.1% (in sympathy with NFLX earnings, weak sub adds), MRVL -1.5% (completes acquisition of Inphi), CPSH -1.4% (files for $75 mln mixed securities shelf offering), AXON -0.5% (police-related stocks react to Chauvin verdict; also files mixed securities shelf offering), MRNA -0.3% (announces a new supply agreement with Israel for 2022), DIS -0.3% (in sympathy with NFLX earnings, weak sub adds), BA -0.3% (awarded $440 mln Army contract), PFE -0.2% (Brazil offical talking with PFE about providing 100 mln doses of vaccine), KSU -0.2% (CP comments on CNI unsolicited offer to acquire KSU), FTI -0.1% (awarded "significant" subsea contract for Petrobras' Marlim and Voador fields), WHR -0.1% (files mixed securities shelf offering), NOC -0.1% (awarded $2.3 bln Air Force contract), BRG -0.1% (files for $2.5 bln mixed securities shelf offering)