After Hours Summary: NFLX +10%, ETH -4%, SCSS -3.5% following earnings/guidance, NVAX +8% ahead of vaccine update, PBYI +7% on breast cancer drug approvalAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NFLX +10.4%, BRO +2.8% (light volume), ELS +1.8% (ticking higher)
Companies trading higher in after hours in reaction to news: NVAX +7.9% (to host RSV F vaccine update conference call on July 24), PBYI +7.4% (receives FDA approval for NERLYNX/neratinib in early stage HER2-overexpressed/amplified breast cancer), RAD +6.1% (Rite Aid provides supplemental information on impact from Walgreens Boots Alliance Asset Purchase Agreement in response to a number of investor inquiries), PRTK +5.8% (announces 'positive' top-line results from a pivotal Phase 3 clinical study comparing omadacycline to twice-daily oral linezolid in the treatment of acute bacterial skin and skin structure infections), EGLT +4.9% (Highbridge Capital discloses 9.58% passive stake), ARNA +2.2% (still checking), LMT +0.8% (ahead of earnings tomorrow before the open; also Kaman Aerospace Corporation entered new multi-year contract with Lockheed Martin's Sikorsky)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PLG -22.3% (thinly traded; also updates outlook and financing), FND -5.5% (offers prelim Q2 results and launches proposed secondary offering of 9 mln shares of common stock by stockholders), ETH -4.3% (comments on business in advance of investor meeting; sees Q4 adj EPS of $0.41-0.42 vs $0.50 estimate and retail written orders +1.9%), SCSS -3.5%, NLY -2.7% (to offer 60 mln shares of common stock in underwritten offering; updates Q2 guidance)
Companies trading lower in after hours in reaction to news: REI -5.2% (to offer shares of common stock in an underwritten public offering), VNOM -5.2% (Viper Energy Partners' subsidiary of Diamondback Energy commences offering of 11 mln common units representing limited partner interests), CBAY -4% (announces 10 mln share secondary offering), AUPH -3% (reliquishing Monday's gains related to anticipated appearance of CEO on MadMoney)