After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCVL +9.9%, MU +5.7%, FUL +0.3%
Companies trading higher in after hours in reaction to news: NBLX +5.9% (approves a 73% reduction of the quarterly distribution), GRFS +3.8% (to collaborate with US govt to produce COVID-19 treatments), VIR +3.2% (enters into license agreement with XNCR for use of Xtend in treatment of COVID-19), AVB +3.1% ( withdraws 2020 outlook), AAL +3.1% (has borrowed $1 bln in term loans), HBI +2.2% (withdraws Q1 and FY20 guidance), HPQ +1.9% (shares letter to shareholders regarding pandemic and XRX offer), SBRA +0.2% (cuts dividend by 33%)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: YRD -1.1%
Companies trading lower in after hours in reaction to news: RDFN -5.3% (home-buying demand has slowed notably since March 18 update), CIO -5.3% (cuts dividend), MCFT -5% (suspends manufacturing operations; withdraws FY20 guidance), BYD -2.8% (suspends dividend, withdraws FY20 adj. EBITDAR guidance), TWO -2.3% (sells substantially all of its portfolio of non-Agency securities), F -2% (S&P lowers ratings to 'BB+' (junk)), LTC -1.4% (terminates share repurchase plan), SPWR -0.6% (withdraws FY20 guidance, implements initiatives to manage its cost structure), WYND -0.4% (withdraws 2020 guidance, suspends share buybacks)
After Hours Summary: SCVL +9.9%, MU +5.7% up on earnings; RDFN -5.3% as it says home-buying demand has slowed notably