After Hours Summary: NFLX -9.3% on earnings miss and weak Q3 subscriber outlook; PPG +4.2% upon earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FNB +4.9%, PPG +4.2%, MRTN +2.7%, JBHT +2.3%
Companies trading higher in after hours in reaction to news: PHAS +8.9% (doses first patient in Phase 2 trial in hospitalized COVID-19 patients), PBYI +3.9% (licensing partner receives marketing approval for NERLYNX in Malaysia), SVM +2% (reports Q1 production results)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NFLX -9.3%, WAL -0.2%
Companies trading lower in after hours in reaction to news: PSTI -11.4% (files for $250 mln mixed securities shelf offering), SPXC -8.2% (names new CFO), ROKU -2.7% (in sympathy with NFLX), TTWO -0.5% (discloses entrance into new Xbox Console Publisher License Agreement with MSFT), DGX -0.1% (granted EUA from the FDA for its HA SARS-CoV-2 Assay)