After Hours Summary: PRGS +4.2% nicely higher on earnings; MTN -2.6% and JEF -1.8% head lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PRGS +4.2%,
Companies trading higher in after hours in reaction to news: GNSS +14.7% ($9 mln order from US Army), ANAB +11.7% (Board approves plans to explore separation into two publicly traded companies), UIS +2.2% (closes agreements with F&G Annuities & Life), KURA +1.5% (first patient dosed in Phase 3 Trial), RKLB +1.3% (10-launch deal with Synspective), BKV +1.2% (closes acquisition of Bedrock Energy Partners' Barnett Shale Assets), MTSR +1% (reports Phase 2b results), OVV +1% (renews share buy-back program), NVCR +0.7% (to present results from Phase 3 trial), ABVX +0.4% (acceptance of late-breaking abstract from Phase 3 induction trials), RTX +0.4% (awarded $5.04 bln Army contract; also $127 modification to MDA contract), LUMN +0.3% (enhances capital structure), NB +0.3% (enters placement agency agreement with Maxim Group), LHX +0.3% (awarded $939.6 mln Navy contract), SOC +0.2% (submits request for approval of restart plans), SPNT +0.1% (to sell AmadaCare to Ambac (AMBC)),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MTN -2.6%, JEF -1.8%,
Companies trading lower in after hours in reaction to news: FLY -12.6% (reports that the booster stage for its Alpha rocket was destroyed during testing mishap, according to Reuters), BTBT -8.4% (convertible notes offering), UUUU -6.8% (convertible notes offering), ATAI -2.6% (mixed securities shelf offering; also stock offering by selling shareholders), CNP -1.9% (10-yr $65 bln investment plan; raises EPS guidance), AMBC -0.9% (to acquire ArmadaCare), SITC -0.5% (sale of Edgewater Towne Center for $53.5 mln), ETSY -0.2% (to transfer listing to NYSE), V -0.1% (elects Bill Ready, CEO of Pinterest (PINS) to its board),