After Hours Summary: ORCL -1.3% ticks lower on earnings; INTU +2.3% higher on deal to acquire Mailchimp; HLF -8.8% falls on guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SBRA +0.9% (reaffirms guidance, also to expand relationship with Recovery Centers of America, provides business update)
Companies trading higher in after hours in reaction to news: KERN +22.4% (to acquire 365 Cannabis in a $17 mln deal), NRXP +8.5% (IQV to collaborate with NRXP on potential medical support for novel COVID-19 treatment), AVNT +4.8% (expects double-digit revenue in its composite solutions), ANGI +2.9% (report monthly metrics for August), INTU +2.3% (to acquire Mailchimp for approx. $12 bln in cash and stock), SENS +1.8% (announces collaboration with the University Hospitals), VMEO +1.2% (provides metrics for August; subscribers increased 15% yr/yr), INCY +1.1% (Ruxolitinib Cream data accepted for presentation at EADV), RWT +1% (increases dividend), MNR +0.3% (reinitiates exploration of strategic alternatives), VIAC +0.2% (announces leadership changes at Paramount Pictures), LUV +0.2% (announces leadership changes), LMT +0.2% (awarded Navy contracts valued at $2.0 bln and $410 mln), MGA +0.2% (VNE is evaluating a non-binding $37/sh acquisition proposal from QCOM), GLDD +0.1% (announces receipt of several major dredging awards totaling $261.3 mln), T +0.1% (FOXA acquires TMZ platform and properties from AT&T's (T) WarnerMedia, according to Reuters), VNE +0.1% (VNE is evaluating a non-binding $37/sh acquisition proposal from QCOM), FMC +0.1% (announces favorable ruling in patent infringement case)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HLF -8.8% (issues downside revenue guidance for Q3 and FY21), AVO -3.4%, ORCL -1.3%
Companies trading lower in after hours in reaction to news: JAMF -5.6% (announces private placement of $325 mln in convertible notes), PAR -5.1% (stock offering and convertible notes offering), BRP -4.4% (to acquire Jacobson, Goldfarb & Scott), OPEN -4.1% (stock offering), MP -3.6% (stock offering), SNPS -2.8% (names new COO), RENN -1% (names new CFO), REGI -0.6% (provides update on renewable diesel plant in Louisiana following Hurricane Ida), QCOM -0.3% (VNE is evaluating a non-binding $37/sh acquisition proposal from QCOM), FOXA -0.2% (FOXA acquires TMZ platform and properties from AT&T's (T) WarnerMedia, according to Reuters), DBRG -0.1% (partners with ImpactData to help build colocation data centers for colleges and universities), IVZ -0.1% (reports August AUM), AB -0.1% (reports August AUM)