After Hours Summary: NGS +2.5% up mildly on earnings; PVH -19.2% plummeting on quarterly results; health insurers sinking on MA rate update
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NGS +2.5%
Companies trading higher in after hours in reaction to news: PIK +58.6% (enters into merger agreement with Nina Footwear), CGC +2.3% (FL Supreme Court allowing marijuana vote on ballot, according to Orlando Sentinel), RIG +2% (contract extension worth $195 mln), TNDM +2% (FDA clears 510(k) application for insulin pump), ANGO +1.2% (settle litigation with Becton, Dickinson and Company), SIGA +0.7% (amends agreement with Meridian Medical Technologies), RKLB +0.5% (sets launch window for next launch), LDOS +0.5% (awarded $631 mln U.S. Army contract), ACB +0.2% (FL Supreme Court allowing marijuana vote on ballot, according to Orlando Sentinel), MJ +0.2% (FL Supreme Court allowing marijuana vote on ballot, according to Orlando Sentinel), TLRY +0.2% (FL Supreme Court allowing marijuana vote on ballot, according to Orlando Sentinel), AMPX +0.2% (updates CO facility progress), TFII +0.1% (closes acquisition of DSKE), DHR +0.1% (files mixed shelf), NOK +0.1% (completes sale of platform businesses to Lumine Group)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PVH -19.2%, ASTS -0.4%
Companies trading lower in after hours in reaction to news: GRTS -39.6% (positive data from Phase 2 study; public offering), GOEV -22.2% (identifies doubt about continuing as a going concern), CVS -5.8% (Medicare Advantage rate update), UNH -4.9% (Medicare Advantage rate update), ELV -4.6% (Medicare Advantage rate update), CNC -2.9% (Medicare Advantage rate update), MOH -2.4% (Medicare Advantage rate update), AGCO -2.3% (closing JV with Trimble), MSGS -1.7% (COO departing), CRON -1.1% (FL Supreme Court allowing marijuana vote on ballot, according to Orlando Sentinel), TKR -0.8% (CEO to retire), VNO -0.5% (files mixed shelf), SPR -0.2% (Steadfast Capital Management discloses 5.5% passive stake), LECO -0.1% (acquires RedViking), UMH -0.1% (increases dividend)