After Hours Summary: Pres Biden makes remarks on Afghanistan; DNMR +14.9%, TME +2.5% higher on earnings; SMFR -16.4%, FUV -12.6%, ZEV -12.2%, GAN -8.1% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: DNMR +14.9%, HIPO +6.6%, POWW +5.1%, TME +2.5%, TLS +0.8%
Companies trading higher in after hours in reaction to news: FBRX +14.7% (to announce top-line data from Phase 2 trial of FB-401 on Sept 7), ANDE +5.7% (sells railcar leasing business for $550 mln), USDP +1.6% (expands downstream connectivity at Stroud terminal), SMG +1% (acquires Rhizoflora assets; subsidiary announces investment in Dewey Scientific), CAAP +0.2% (reports passenger traffic for July), OEC +0.1% (announces price increase for Carbon Black in North America)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SMFR -16.4%, FUV -12.6%, ZEV -12.2%, GAN -8.1%, RBLX -4.5%, SAVE -2.1% (guides Q3 revs below consensus, cites significant irregular operations), MVST -1.9%, AG -0.4%
Companies trading lower in after hours in reaction to news: HPK -12.3% (stock offering), OPEN -4% (convertible notes offering), UPST -3.3% (convertible notes offering), CLVS -0.6% (renews $125 mln "at-the-market" equity offering program), GATO -0.2% (COO steps down), GMED -0.1% (receives FDA 510(k) clearance for Excelsius 3D), ATI -0.1% (sells Flowform Products business for $55 mln), NPTN -0.1% (files for $150 mln mixed securities shelf offering)