After Hours Summary: PGY +27.3%, IONQ +6.5%, RCEL +5.6%, FLO +3.5% higher on earnings; THS +7.9% as JANA Partners increases stake; MAXN -18.8%, ARLO -7.6% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PGY +27.3%, IONQ +6.5%, RCEL +5.6%, FLO +3.5%, ADVM +2.7% (also completes enrollment of phase 2 LUNA Trial), WPM +1.4%, CBAY +1.1%, AMLX +1%
Companies trading higher in after hours in reaction to news: ACHR +19.9% (ACHR and BA resolve federal and state litigation), THS +7.9% (10% owner JANA Partners discloses purchase of 41,500 shares), GNFT +2.2% (new data published relating to NIS2+), VINP +1.7% (increases dividend), NXST +1.6% (NXST, SSP, SBGI, and GTN interested in sports rights according to CNBC), PSN +1.3% (selected by US Cyber Command to continue support), FHTX +1.3% (MRK terminates Research Collaboration and Exclusive License Agreement with FHTX), SBGI +0.6% (NXST, SSP, SBGI, and GTN interested in sports rights according to CNBC), AB +0.6% (reports July AUM), GTN +0.1% (NXST, SSP, SBGI, and GTN interested in sports rights according to CNBC), AMK +0.1% (issues its July AMK report)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CANO -53.4% (also provides update on strategic actions, including a possible sale; plans to exit some ops; workforce reduction; substantial doubt about ability to continue as a "going concern"; also to delay 10-Q filing), MAXN -18.8% (also chooses Albuquerque for its first US manufacturing expansion), ARLO -7.6%, VTYX -6%, OABI -4.8%, INDI -2.7%, TARS -2.4%, SVV -2.3%, ATGE -2%, EVLV -0.5%, CPRI -0.2%, ONTO -0.2%, VIAV -0.2%, NWSA -0.1%
Companies trading lower in after hours in reaction to news: VLD -13.8% (convertible notes offeing), OPTN -8.1% (files $200 mln mixed shelf securities offering), MELI -3.6% (names new CFO), SRG -2.2% (to delay 10-Q filing), PBR -0.4% (PBR still assessing plans for BAK stake, doesn't plan on selling, according to Valor Economico), BAK -0.1% (PBR still assessing plans for BAK stake, doesn't plan on selling, according to Valor Economico), MRK -0.1% (MRK terminates Research Collaboration and Exclusive License Agreement with FHTX)
