After Hours Summary: SAP +3.7% jumps as it raises FY21 outlook; TEAM +3% also had strong guidance; SFIX -5.4% lower on news its founder and CEO will transition to Exec Chair, making room for new CEO; MRNA +2.2% as it provides clinical and supply updatesAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FLXN +3.7% (guides to Q1 ZILRETTA sales of $24.6 mln), SAP +3.7% (raises FY21 outlook reflecting the strong new cloud business performance), TEAM +3% (guides MarQ revs well above consensus, but co believes it's short-term event-driven), PKI +2.3% (issues upside Q1 revenue guidance), BRKR +0.8% (issues upside Q1 revenue guidance)
Companies trading higher in after hours in reaction to news: MN +10.4% (reports March AUM of $21.1 bln), PFMT +9.4% (CMS awarded Performant an 8.5 year contract), MRNA +2.2% (provides clinical and supply updates on COVID-19 vaccines), PRQR +1.3% (announces publication in Nature Medicine), ENDP +1% (announces publication of Phase 3 data evaluating Qwo), GME +0.7% (announces voluntary early redemption of senior notes), MO +0.2% (Juul Labs is reportedly facing new RICO claims, according to Bloomberg), PG +0.1% (increases quarterly dividend by 10%), PFE +0.1% (PFE and BNTX say they can deliver 10% more vaccine doses by end of May, according to CNBC), AL +0.1% (announces delivery of one new Airbus A321-200neo LR)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCR -0.7%, SWI -0.3% (issues upside Q1 revenue guidance)
Companies trading lower in after hours in reaction to news: SFIX -5.4% (Founder and CEO to transition to Exec Chairperson; Elizabeth Spaulding will become CEO), DISCK -5.4% (Credit Suisse reportedly selling 19 mln share block of DISCA, and 22 mln share block of DISCK, according to CNBC's David Faber), DISCA -4.2% (Credit Suisse reportedly selling 19 mln share block of DISCA, and 22 mln share block of DISCK, according to CNBC's David Faber), STSA -3.3% (stock offering), AVNW -1.5% (files for $200 mln mixed securities shelf offering ), BNTX -0.5% (PFE and BNTX say they can deliver 10% more vaccine doses by end of May, according to CNBC), GILD -0.3% (FDA grants accelerated approval of Trodelvy)