After Hours Summary: SCSC +4.6%, INTU +2% higher on earnings; JWN -7.9%, URBN -3.4% lower on earnings; several index changes announced, TECH +0.1% to join S&P 500; HUGE -13.4% falls on plan to terminate Phase 2 trialAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCSC +4.6% (also announces new $100 mln share repurchase auth), INTU +2% (also increases dividend by 15%), TOL +1.6%
Companies trading higher in after hours in reaction to news: BLFS +10.5% (to join S&P SmallCap 600), MIME +7.1% (to join S&P MidCap 400), OPCH +6.9% (to join S&P MidCap 400), TRMK +4.5% (to move to S&P SmallCap 600 from S&P MidCap 400), AVT +1.5% (increases dividend), CNK +1.1% (to move to S&P SmallCap 600 from S&P MidCap 400), LMPX +0.8% (to acquire dealership; expected to add $0.12/sh in 2022), HYZN +0.6% (highlights partner Raven SR's announcement of first waste-to-hydrogen hub), XPEV +0.3% (begins shipping first P7 EVs to Norway, according to Electrek), BHLB +0.2% (BHLB and BRO to sell Berkshire Insurance Group to a subsidiary of BRO), TECH +0.1% (to join S&P 500)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LMNR -10.7% (guides JulQ EPS and revenue below consensus), JWN -7.9%, URBN -3.4%, VNET -2.5%, HEI -1.9%
Companies trading lower in after hours in reaction to news: HUGE -13.4% (to terminate its Phase 2 clinical trial of FSD-201), SAIA -3.7% (to join S&P MidCap 400), PRPL -1.9% (CFO stepping down), ADMP -1.8% (names new CFO), RIOT -0.6% (files for 11.8 mln share offering by selling shareholder), ALIT -0.3% (stock offering), APO -0.1% (raising $500 mln to create a fund for investing in SPACs, according to Reuters)