After Hours Summary: NKE -9.4% drops on earnings, takes down FL -4.7%, UAA -4%, DKS -2.6%; RKLB +17.4% on US deal to make 18 space vehicles; AIR -5.4%, AVO -2% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: RKLB +17.4% (to manufacture 18 space vehicles for US govt), ALDX +3.3% (ABBV extends period during which it may exercise its option to enter into co-development deal), CPLP +2.5% (acquires 11 Newbuild LNG Carriers for $3.13 bln), MPC +1.6% (names new CFO), TAK +1.3% (China NMPA approves LIVTENCITY for the treatment of CMV), IONS +0.8% (FDA approves Wainua), RYAN +0.4% (to acquire Castel Underwriting Agencies), MPLX +0.1% (names new CFO), MRK +0.1% (MRSN and MRK mutually agree to terminate collaboration and commercial license agreement and supply agreement), BYON +0.1% (increases buyback auth to $150 mln), NVAX +0.1% (R21/Matrix-M malaria vaccine granted prequalification by WHO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NKE -9.4% (also announces enterprise initiative targeting up to $2 bln in cost savings), AIR -5.4%, AVO -2%, WS -0.2%
Companies trading lower in after hours in reaction to news: FL -4.7% (in sympathy with NKE earnings), UAA -4% (in sympathy with NKE earnings), DKS -2.6% (in sympathy with NKE earnings), SSTK -2.6% (stock offering), ALPN -2.3% (ALPN amends Acazicolcept option and license agreement with ABBV), JAZZ -2.2% (provides update on Phase 2 trial of JZP150), SKX -2.2% (in sympathy with NKE earnings), LULU -1.9% (in sympathy with NKE earnings), X -0.3% (NEA advisor says X transaction deserves serious scrutiny), RTX -0.2% (awarded $408 mln U.S. Air Force contract modification), SSYS -0.2% (adopts limited duration shareholder rights), VTLE -0.1% (acquires additional working interests in recent high-value acquisitions in the Permian Basin)