After Hours Summary: PPG +4.7%, AA +3.5% rise on earnings; LSCC +7% as it joins the S&P MidCap 400; DKNG +5.3% higher as it becomes an Official Sports Betting Partner of the NFLAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PPG +4.7%, MATX +4.6%, AA +3.5%, JBHT +2.8%, LAKE +0.9%
Companies trading higher in after hours in reaction to news: BTX +11.6% (pays $1 mln towards acquisition of license for mRNA technology platform), IDYA +7% (announces investor day to review data from Phase 1/2 Trial of Darovasertib), LSCC +7% (to join S&P MidCap 400), PGNY +6.7% (to join S&P MidCap 400), UFS +5.8% (to join S&P SmallCap 600), DKNG +5.3% (to become an Official Sports Betting Partner of the NFL), DMTK +4.9% (announces topline results from its second economic study of PLA), QS +2.3% (tweets response to short report), PTC +1.3% (to join S&P 500), CZR +0.6% (becomes official sports betting partner of the NFL; renews rights as official casino sponsor), NCLH +0.4% (sends "reminder letter" to CDC requesting response to plan to resume cruises from US ports in July), BIIB +0.4% (announces approval of TECFIDERA for multiple sclerosis in China), SPWR +0.3% (has repaid its $30 mln loan with the California EDA), GMED +0.2% (announces first surgeries with CREO ONE robotic screw), QRVO +0.1% (granted EUA from FDA for Omnia SARS-CoV-2 antigen test; also awarded $24.4 mln contract from NIH to scale COVID-19 antigen testing), REGI +0.1% (names new CFO), THG +0.1% (expects Q1 catastrophe losses of $133 mln), AON +0.1% (increases dividend), PSN +0.1% (contract amended by US$75 mln to manage new work at the Giant Mine in Canada), ATR +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MRTN -2.3%, WAL -1.5%
Companies trading lower in after hours in reaction to news: SPNE -4.6% (stock offering), SYBX -2.8% (stock offering), SPLK -2.6% (CTO resigns), DTIL -2.1% (reacquires global rights to allogeneic CAR T programs; also names new Chief Medical Officer), CSX -0.9% (closes first phase of $525-mln rail transaction with Virginia), VIAC -0.4% (to integrate CBS News and CBS Television stations into one divisional and leadership structure), FB -0.1% (announces new tools and features to help businesses connect with customers online)