After Hours Summary: SFIX +13.2% jumps on earnings; FDX -4.4%, ADBE -4.2% fall on earnings; SMMT falls -19.8% on FDA feedbackAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SFIX +13.2% (also launches Stitch Fix Freestyle)
Companies trading higher in after hours in reaction to news: RKLB +2.1% (signs dedicated launch contract with Astroscale Japan), ABEO +1.7% (names new CEO and new Chairman), BLUE +0.9% (submits BLA to the FDA for beti-cel gene therapy), TSE +0.8% (increases dividend), AMWL +0.8% (names new CFO), KMI +0.2% (KMI and SWN announce responsibly sourced natural gas agreement), CF +0.2% (UK govt announces supply agreement)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BDSI -6.3% (guides Q3 revs below consensus), FDX -4.4%, ADBE -4.2%, INNV -1.5%
Companies trading lower in after hours in reaction to news: SMMT -19.8% (FDA issues feedback on primary endpoint in Phase 3 Ri-CoDIFy studies), LPTX -12% (stock offering), NOTV -4.9% (convertible notes offering), INCY -4.3% (FDA approves Opzelura cream for mild to moderate atopic dermatitis), XAIR -3.8% (provides update on the global regulatory approval process for the LungFit PH system), H -3% (commences public offering), APTS -2.4% (acquires multifamily community in Washington DC), PLAY -1.8% (CEO retires), WMG -1.8% (announces public offering of 2.34 mln shares by Access Industries), CERE -1.5% (CFO resigns), COIN -1.3% (working on cryptocurrency regulations to propose to federal regulators, according to CoinDesk), LULU -0.3% (Mirror CEO Brynn Putnam stepping down, according to CNBC), AIR -0.2% (extends A320 support contract with Volote), BBDC -0.2% (enters into merger agreement with Sierra Income), SWN -0.2% (KMI and SWN announce responsibly sourced natural gas agreement), TIXT -0.1% (stock offering), JPM -0.1% (increases dividend), ABT -0.1% (awarded DoD contracts for COVID-19 test kits)