After Hours Summary: Pretty quiet after hours; SPWH -16.1% falls on earnings, CEO retirement; BABA -2.5% lower on FT report SoftBank looking to sell down most of its BABA stakeAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: FUSN +4.3% (IND clearance for FPI-2068), GEVO +4.1% (enters into development agreement with LG Chem), SANA +4% (preclinical data published), HASI +2% (SPWR secures $450 mln financing commitment from HASI), SPNT +1.9% (acknowledges interest from Third Point about potential acquisition), PNM +1.3% (PNM and AGR agree to 3-mo extension of merger agreement), SPWR +1.3% (SPWR secures $450 mln financing commitment from HASI), ARDX +0.9% (presents data on XPHOZAH), IBM +0.5% (exploring sale of its weather ops according to WSJ), HAS +0.4% (names new CFO), ETWO +0.1% (expands strategic partnership with Loadsmart)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SPWH -16.1% (also CEO to retire), RENT -5.1% (also names new CFO)
Companies trading lower in after hours in reaction to news: BBAI -11.3% (files mixed shelf securities offering), HOG -2.9% (CFO to step down), BABA -2.5% (SFTBY to sell down most of its BABA stake, according to FT), AGR -1% (PNM and AGR agree to 3-mo extension of merger agreement), AZN -0.8% (IND clearance for FPI-2068), HRZN -0.3% (provides Q1 update), AB -0.1% (reports March AUM)