After Hours Summary: PLUG +1.4% is halted, but announced SK Group will make a $1.5 bln investment in PLUG; BLNK -6.1% on stock offeringAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: TEN +11.3% (Carl Ichan discloses 14.99% stake), EDUC +8.4% (reports Dec revenue), PRSP +7.6% (Veritas Capital discloses 11.7% stake), TMUS +1.9% (provides Q4 operating metrics), PLUG +1.4% (to form partnership with SK Group to accelerate hydrogen as energy source in Asian markets; SK Group will make a $1.5 bln investment in PLUG), XNCR +0.9% (announces collaboration agreement with MD Anderson), USAS +0.9% (provides update on Galena Complex and Relief Canyon mine), WBA +0.9% (to accelerate pace and scale of VillageMD rollout), SGMO +0.4% (CFO departs), COST +0.3% (reports Dec comps of +10.9%), MGM +0.2% (responds to shareholder letter; remains committed to Macau), ASR +0.1% (reports Dec traffic fell by 41.2% yr/yr)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LNDC -2.5%, RGP -1.4%, SAR -0.1%
Companies trading lower in after hours in reaction to news: PLYA -8% (stock offering), DMTK -7.5% (stock offering), BLNK -6.1% (files for 5 mln share offering; also files for mixed securities shelf offering), HARP -5.8% (stock offering), INN -5.3% (launches convertible notes offering), MPW -3.6% (to acquire £800 mln in behavioral hospitals; also announces offering of 32 mln shares), RGNX -3.5% (stock offering), AR -2.4% (files for mixed securities shelf offering), VKTX -1% (names new CFO and COO), ADC -0.8% (stock offering), NCR -0.3% (acquires Freshop), CHMA -0.2% (provides corporate update and previews expected 2021 milestones), CI -0.2% (initiates dividend of $1.00/sh), USB -0.2% (to acquire Debt Servicing client portfolio of MUFG Union Bank), SALT -0.1% (to change name to Eneti)