After Hours Summary: Quiet session; ADBE -6.2%, MWA -1.8% both amid selling pressure following light revenue forecasts
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: CDXS +9.1% (enters into agreement with Aldevron), ESPR +3.9% (FDA updates LDL-C for NEXLETOL and NEXLIZET), HOOD +1.6% (reports November data), CHSN +0.5% (expanding its new coffee brand in China), BABA +0.4% (investing $634 mln in Lazada, according to Nikkei), MCY +0.2% (appoints new COO), NX +0.1% (CEO to become Chairman)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ADBE -6.2%, MWA -1.8%
Companies trading lower in after hours in reaction to news: NEXT -2.1% (stock offering), OR -0.6% (sale of common shares), PBA -0.5% (purchasing stakes in two of ENB's pipelines for $3.1 bln), ENB -0.5% (selling stakes in two of its pipelines to PBA), JMIA -0.2% (closing food delivery business), CADE -0.1% (authorizes new repurchase plan)