After Hours Summary: NSTG -30.2% falls on weak guidance; PYPL -1.6% CFO to become Walmart CFO; AFMD +5.3% trades higherAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MXCT +1.9% (also CFO departs), ASH +1.3% (provides upbeat preliminary MarQ results; reiterates FY22 outlook)
Companies trading higher in after hours in reaction to news: AFMD +5.3% (stock offering), GRTS +5.1% (presentations at AACR support expertise in neoantigen vaccine), ORIC +4.3% (presents promising preclinical data on three programs), SB +2.2% (to acqurie vessel for $30 mln), BCTX +1.9% (presents development details of Bria-OTS Platform technology), SLGC +1% (announces journal publication of landmark proteomics study), ANGI +0.7% (reports monthly metrics for March), HONE +0.6% (authorizes new share repurchase program equating to 5% of shares outstanding), PSX +0.6% (names new CEO), AMC +0.5% (finalizes deal with Bow Tie Cinemas to purchase and operate seven locations), PG +0.4% (increases dividend), CABO +0.1% (names new CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NSTG -30.2% (lowers Q1 product and service revenue guidance), NTNX -0.2% (reaffirms AprQ and FY22 guidance; also names new CFO)
Companies trading lower in after hours in reaction to news: LQDA -12% (stock offering), HLMN -8.1% (commences 10 mln share offering by selling stockholders; also guides Q1 revenue above consensus), TPTX -3.2% (announces positive topline data for Repotrectinib), SQSP -2% (CFO to resign), PYPL -1.6% (PayPal CFO John Rainey to become Walmart CFO), OR -0.9% (provides preliminary deliveries update for Q1), CTS -0.1% (to acquire Ferroperm Piezoceramics for Danish Krone 525 mln in cash), NE -0.1% (provides update on ongoing merger control process)