After Hours Summary: SEM +13.5%, GRPN +12.9%, EB +9.6%, ETSY +6.8%, ZS +5.2% jump on earnings; SPCE -13.5%, DASH -11%, WDAY -7.2%, CVNA -4.5% fall on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SEM +13.5%, GRPN +12.9% (also announces convertible notes offering), SFM +9.6%, EB +9.6%, IHRT +9.4% (also announces new business operating structure), RKT +8.8% (also announces special dividend), RILY +8.8%, ETSY +6.8%, LPSN +6.6%, NTRA +5.7%, VICR +5.7%, ZS +5.2%, SAIL +5%, GKOS +4.7% (also phase 3 trial for iLink Epi-on meets efficacy endpoint), PAGS +4.7%, AMRK +4.7%, ECOL +4.2%, WSC +3.3%, BAND +3%, ABNB +2.5%, CABO +2.5%, FOXF +2.4%, CZR +2.1%, ALRM +1.9%, MTZ +1.9%, NKTR +1.8%, IRTC +1.4%, AXNX +1.3%, RUN +1.3%, ICFI +1.2%, ZIOP +1.1% (also CEO to step down), PBA +1% (also TSX accepts normal course issuer bid for the purchase of up to 5% shares), BYND +0.9% (also announces strategic global agreement with MCD and partnership with YUM), FSLR +0.6%, ICUI +0.6%, PETQ +0.6%, SHAK +0.6%, SWN +0.6%, STAY +0.4%, AGO +0.3%, CLI +0.3%, MNST +0.3%, CWK +0.2%, DELL +0.2%, HPQ +0.2%, LYV +0.2%, RLJ +0.1%, VLDR +0.1%, SVMK +0.1% (reaffirms Q1 and FY21 guidance after announcement that CFO will leave the co)
Companies trading higher in after hours in reaction to news: STC +5.9% (acquires Signature Closers), LAMR +3.9% (increases dividend), PLUG +3.1% (to construct green hydrogen production facility in western New York), AXNX +1.3% (acquires Contura for $200 mln in cash and stock), BCRX +1% (receives positive CHMP opinion for ORLADEYO), CNS +0.9% (increases dividend), ARES +0.9% (ARES and AMP to pursue JV for AMP Capital's private markets business), WERN +0.8% (increases dividend), T +0.5% (T and private equity firm to establish a new co that will operate AT&T's US video business unit consisting of the DIRECTV, AT&T TV and U-verse video services), MA +0.4% (provides operating metrics), AKBA +0.3% (files mixed securities shelf offering), SVMK +0.1% (CFO to leave), VVNT +0.1% (VVNT files patent infringement lawsuit against ADT)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SPCE -13.5%, TPIC -11.7%, DASH -11%, ROOT -9.7%, ENDP -7.7%, FTCH -7.7%, FIX -7.2% (also increases dividend), WDAY -7.2%, REGI -7%, WW -6.6%, ADT -6.4%, KTOS -6.2%, LNTH -6%, CVNA -4.5%, IOVA -4.5%, LHCG -4.3%, ENV -4%, NPTN -4%, ADSK -3.9% (also names new CFO and CTO), ZGNX -3.9%, CRM -3.7%, BMRN -3.6%, EOG -3.5% (also raises dividend by 10%), ATSG -3.1%, ALTR -2.9%, FND -2.9%, ZIXI -2.7%, MED -2%, VMW -1.7%, NKLA -1.6%, SUPN -1.5%, PBYI -1.4%, WORK -1.4%, MAIN -1.3%, LMAT -1% (also increases dividend), STOR -1%, BLU -1%, PK -0.9%, AXON -0.6%, DRQ -0.6%, PTCT -0.6%, ACMR -0.6%, FTAI -0.5%, KAMN -0.4%, NNI -0.4%, OGS -0.4%, KWR -0.3%, PVG -0.2%, RMAX -0.2%, COLL -0.1%, EIX -0.1%, ONEM -0.1%, OUT -0.1%, GNMK -0.1%
Companies trading lower in after hours in reaction to news: TCDA -23.2% (provides an update on its FDA interactions, receives Appeal Denied Letter), WATT -7.9% (announces partnership with e-peas S.A.; announces partnership with Thin Film Electronics), NXE -7% (announces C$150 mln bought deal financing agreement), ADT -6.4% (VVNT files patent infringement lawsuit against ADT), ASMB -6.3% (to forego plans to initiate Phase 3 registrational studies of vebicorvir), BNTX -3% (FDA to allow more flexible storage and transportation conditions for vaccine), CXW -2.9% (expects contract with US Marshals Service not to be renewed), EMR -1.4% (makes an equity investment in Fluxa), PBYI -1.4% (PBYI and Pierre Fabre amend license agreement for NERLYNX to include Greater China), PKG -1.4% (to convert mill paper machine to virgin linerboard), PLD -1.3% (increases dividend), ALB -1.3% (ALB to sell Fine Chemistry Services business to GRA), BNGO -1.2% (announces publication of study using Saphyr), STOR -1% (CFO to retire), TSLA -0.6% (will increase production of Model S/X amid high demand, according to Electrek), AVB -0.5% (files mixed securities shelf offering), PFE -0.1% (FDA to allow more flexible storage and transportation conditions for vaccine), GRA -0.1% (ALB to sell Fine Chemistry Services business to GRA)