After Hours Summary: NKE +8.3% higher on earnings; Ackman provides views on range of topics, see rates going higher
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NKE +8.3%
Companies trading higher in after hours in reaction to news: MDGL +3.8% ($500 mln stock offering), SPWH +3.5% (Director bought 50000 shares), PTCT +2.7% (announces further strategic prioritization; also 25% workforce reduction), OPK +2% (secures BARDA contract to develop antibodies against viral infectious disease threats), CALM +1.3% (to acquire egg production assets of Fassio Egg Farms), DXC +1.3% (to move to S&P Small Cap 600 from S&P 500), KSS +0.7% (to move to S&P Small Cap 600 from S&P MidCap 400), GT +0.6% (provides update on Poland facility impacted by fire), GME +0.6% (new CEO says extreme frugality is required, according to CNBC), GOOG +0.6% (Ackman mentioned GOOG positively; also MSFT discussed selling Bing to AAPL around 2020, according to Bloomberg), CCO +0.6% (settles with SEC, will pay $26.1 mln fine), FTI +0.3% (awarded a "significant" flexible pipe contract by Petrobras), AWK +0.3% (to acquire Appalachian Utilities), AAPL +0.3% (MSFT discussed selling Bing to AAPL around 2020, according to Bloomberg), LAC +0.2% (announces details for completion of separation), MSFT +0.2% (MSFT discussed selling Bing to AAPL around 2020, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MTN -0.5%, BB -0.1%
Companies trading lower in after hours in reaction to news: GETY -6.4% (stock offering by selling shareholders), EBIX -3.8% (to be removed from S&P Small Cap 600), HA -3.7% (to be removed from S&P Small Cap 600), AVD -2.4% (to be removed from S&P Small Cap 600), ASTL -2% (provides SepQ operating guidance), IBP -1.7% (COO to retire, names new COO), EAF -1.1% (CEO to step down), SF -0.6% (reports operating results for August), NKLA -0.6% (commercial launch of its hydrogen fuel cell EV at Arizona facility), INST -0.1% (CFO to step down, names new CFO, also reaffirms guidance), SJM -0.1% (files mixed securities shelf offering)