After Hours Summary: PSMT +3.5% and LEVI +2.5% higher on earnings; PFE and BNTX reportedly developing COVID-19 booster shotAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PSMT +3.5%, LEVI +2.5%, ACCD +1.2%
Companies trading higher in after hours in reaction to news: LMPX +12% (stock repurchase and dividend approval contingent on debt refinancing), IBIO +7.2% (adds three anti-cancer targets to pipeline; enters into research services agreement with FairJourney Biologics), BNTX +2.4% (PFE and BNTX developing COVID-19 booster shot to target delta variant, according to CNBC), COST +0.8% (reports June adjusted comps of +7.9%), MAPS +0.7% (stock offering), RIOT +0.5% (provides June production and operations updates), BLDP +0.5% (receives purchase order for fuel cell modules to power 15 Tata Motors buses), PFE +0.4% (PFE and BNTX developing COVID-19 booster shot to target delta variant, according to CNBC; also BIIB, ABBV and PFE launch genetic exome sequence analysis collaboration), BIIB +0.3% (BIIB, ABBV and PFE launch genetic exome sequence analysis collaboration), SJM +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DCT -4.1%
Companies trading lower in after hours in reaction to news: CYCN -6.3% (CYCN and Beacon Biosignals announce expanded partnership), MAX -2.8% (CFO stepping down, reaffirms Q2 and FY21 guidance), QTNT -2.3% (stock offering), ME -1.2% (stock offering), KBH -0.3% (names new co-COO; also increases stock repurchase program to 5 mln shares), ABBV -0.1% (BIIB, ABBV and PFE launch genetic exome sequence analysis collaboration), ABM -0.1% (to pay $140 mln to fully resolve all claims in overtime cases), EVCM -0.1% (acquires Medical Design Tech)