After Hours Summary: Quiet after hours session; AVO -12.7% lower on earnings; MRSN +1.5% higher on collaboration with MerckAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: LPTV +11.7% (files for $150 mln mixed securities shelf offering), AWK +2.7% (to acquire West San Martin Water Works potable water distribution system), MRSN +1.5% (MRSN and MRK announce collaboration and commercial license agreement), ENVX +0.6% (to demonstrate breakthrough battery technology at CES 2023), NBIX +0.2% (FDA accepts sNDA for valbenazine), HUM +0.2% (selected by U.S. Defense Health Agency to provide managed care support), ENFN +0.1% (names new CEO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AVO -12.7%, LMNR -9.2%
Companies trading lower in after hours in reaction to news: FORG -0.9% (receives request for additional info from DoJ regarding merger with Project Fortress), HLTH -0.4% (selected by Minnesota Dept of Health to provide COVID-19 telehealth), CHPT -0.3% (CTO to resign, names new COO), MRK -0.1% (MRSN and MRK announce collaboration and commercial license agreement), GILD -0.1% (Yescarta now approved in Japan for initial treatment of lymphoma), WFRD -0.1% (signs multi-year agreement with DataRobot)